Jointly funded by the European Union through a Grant to the Government of Grenada and GRENLEC, this project seeks to reduce reliance on imported fossil fuel for electricity generation.
The project seeks to reduce reliance on imported fossil fuel for electricity generation. Carriacou’s relative size in relation to the rest of the electricity grid in Grenada means that the effect on the overall grid will be small. Nonetheless, the project is important to Grenada. Combined with other ongoing renewable projects throughout the tri-island state it will help stabilise electricity prices in Grenada and reduce the island’s carbon footprint.
This project will include a wind farm and energy storage system, with an intelligent control system. This configuration of state-of-the art technology will allow production of about 1-2 megawatts of wind energy or between 40-60 percent of energy in Carriacou.
The Financing Agreement was approved in February 2012 at a cost of EUR 3.9 million with a EUR 2.5 million Grant from the European Union to the Government of Grenada and at least EUR 1.4 million counterpart funding from GRENLEC.
Significantly, the European Union’s intervention makes the project feasible for GRENLEC to include the storage system to allow for the high level of wind penetration.
The project was launched in 2012 with an estimated completion date of 2015.