The state of Renewable Energy and Energy Efficiency in Saint Lucia
Legislative and regulatory barriers – In order to create an environment that is attractive to energy investors, the government must implement strong policies that support the
Saint Lucia Explores Geothermal, in Hope of a Resilient
The project is using public finance for geothermal exploration, and will foster private sector investment in geothermal power production. Targeted policy support and training will help to strengthen the capacity of the
Summary | Saint Lucia''s Experience With Private Sector Climate
This report examines the climate change adaptation efforts to date of private firms in Saint Lucia as well as the impact of the government''s initiatives aimed at encouraging private sector
The Caribbean''s clean-energy potential: From fuel trap
In April 2023, MIGA issued loan guarantees totaling USD 11.7 million to St. Lucia to cover a 15-year equity investment. As a result, the country will be able to slash streetlight electricity consumption by nearly 70 percent
Saint Lucia Energy Roadmap Looks to a New Energy Future
The economically optimal system is a portfolio of solar, wind, energy storage, energy efficiency, and existing diesel generation. and equitable electricity service was not a piecemeal
Saint Lucia''s Experience with Private Sector Climate
An insightful new study from the Climate Investment Funds shows what the island could do to accelerate progressLocated at the edge of the north Atlantic hurricane belt, where storm systems gain strength from open
World Bank Approves US$21.9 Million to Fund
The World Bank Board of Executive Directors approved today US$21.9 million for the Renewable Energy Sector Development Project for Saint Lucia. This grant financing will help the Government of Saint Lucia assess the
Saint Lucia''s Energy Market: Opportunities for Foreign Investment
News 14 July 2023 Exploring Saint Lucia''s Energy Market: A Goldmine for Foreign Investment Opportunities Saint Lucia, a small island nation in the Caribbean, is increasingly becoming a