UAE supports $50M clear energy project in Dominica

The government of Dominica and the UAE Caribbean Renewable Energy Fund have declared new assistance for a hurricane-resistant clean energy project.

2024-07-07 15:37:51

UAE supports $50M clear energy project in Dominica

Roseau, Dominica: The government of Dominica and the United Arb Emirates Caribbean Renewable Energy Fund (UAE-CREF) have declared a new deal for a hurricane-resistant clean energy project. The project worth $50 million would support the development of a 5megawatt/2.5megawatt hours battery storage system which would help strengthen the island's clean energy initiatives. The officials stated that the new clean energy system would stabilize the electricity grid in Dominica and also deliver reserve power. Not only that, but it would also control the frequency in extreme weather conditions like the hurricane season. The Dominican Prime Minister, Dr Roosevelt Skerrit, expressed gratitude to the United Arab Emirates (UAE) government for their important contribution to the country's development. Prime Minister Roosevelt Skerrit stated that the hurricane-resistant clean energy project would provide clean, renewable energy to Dominica and achieve the UN's Sustainable Development goals. He stated that the 5MW battery storage system would move Dominica's transition from fossil fuel to renewable sources of energy in the electricity sector. Prime Minister stated that Dominica looks forward to their partnership with the United Arab Emirates in sustainable development and other sectors of mutual interest. He stated that the country would appreciate working with UAE on bilateral and multilateral issues. The UAE-Caribbean Renewable Energy Fund was started in 2017 at Abu Dhabi Sustainability Week as a partnership between the UAE Ministry of Foreign Affairs and International Cooperation (MoFAIC), Masdar and ADFD, the UAE's leading financial organization creating national and global development programmes. Sultan Al Shamsi, Assistant Minister of Foreign Affairs, stated that UAE had been committed to supporting global harmony and success by supporting other countries' development. This latest action under the UAE-Caribbean Renewable Energy Fund allows the country to continue that purpose. Chief Executive Officer of Masdar- Mohamed Jameel Al Ramahi, , stated, "This project will help the stabilization of Dominica's electricity grid and allow it to achieve its environment and climate resilience aims.

Monika Walker

Monika Walker is an experienced journalist specializing in global political developments and international relations. With a keen eye for accuracy and analysis, Monika has been reporting for over a decade, bringing stories to light that matter to readers around the world. She holds a degree in International Journalism and is passionate about giving a voice to underrepresented communities through factual reporting.