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PRESS RELEASE – On Thursday, November 3rd, 2016, the Government of Saint Lucia led discussions to facilitate the smooth continuation of the multi-million dollar development of a 12MW Wind Farm in Anse Cannot, Dennery.
The meeting was spearheaded by Acting Prime Minister Dr. Gale Rigobert who is also the Minister with responsiblity for Renewable Energy. Other participants included the Saint Lucia Electricity Services Limited (LUCELEC), the project developer, WindTex Energy and the Department of Sustainable Development.
This was the first meeting between the parties with the main objective of bringing the new administration up to speed on the status of the project and to secure commitment for continuation.
Key matters addressed included project cost and funding, issues of land acquisition, taxes and employment opportunities for locals throughout all phases of the project.
Managing Director of WindTex Energy, Mr. Steven DeWolf said his company is eager to continue the proposed $37 million dollar investment.
The wind farm is projected to supply 10% of the country’s energy needs which is equivalent to energy consumed by four to five thousand households on the island.
LUCELEC`s Managing Director, Mr. Trevor Louisy said the company remains committed to being a 50% investment partner on the project and would like to acquire the lowest power purchase price, in order to pass on benefits to the consumer. He added that local investment participation would be a key priority moving forward to ensure majority of the profits remain in Saint Lucia.
The wind farm project along the east coast will bring stability and security to energy pricing on Saint Lucia for at least twenty five (25) years.
Renewable Energy Honorable Dr. Gale Rigobert has guaranteed that the Government will act in real time to advance the project. She also disclosed that the initiative is in keeping with the new Government’s thrust to reduce Saint Lucia’s dependence on fossil fuels.
Once the “go ahead” has been given, construction of the wind farm will be completed in seven to nine months.