Turnpage

Please visit our sponsors

RSS Feed
 

Current News & Press

 

Advertisement

The Bahamas Investor

News & Press Archives

 
The Bahamas Investor on facebookFollow The Bahamas Investor on TwitterSubscribe to RSS feeds from The Bahamas Investor
HOME > 
News & Press > 
Bahamas joins Branson’s Clean Energy Initiative – Bloomberg

The Bahamas plans to cut fuel imports by as much as 5 per cent by building several small solar panel fields after signing on to billionaire Richard Branson’s Caribbean Clean Energy Initiative, according to Bloomberg. 

Source:
Date:
Updated:
Author:
Bloomberg.com
Wednesday, December 10, 2014
Wednesday, December 10, 2014
Ezra Fieser

Dec 10, 2014 (Bloomberg) – The Bahamas plans to cut fuel imports by as much as 5 percent by building several small solar panel fields after signing on to billionaire Richard Branson’s Caribbean clean energy initiative.

The solar fields, which will generate as much as 20 megawatts of electricity for the Bahamas’ sparsely populated Family Islands, are part of the government’s plan to move toward renewable energy under Virgin Group founder Branson’s Ten Island Challenge.

“The economics make complete sense,” said Justin Locke, director of islands at Carbon War Room, the Branson-funded organization overseeing the Ten Island Challenge. “You can significantly reduce the cost of electricity generation, harness natural resources, and retrain people” to work in the industry, he added.

This is an excerpt from Bloomberg.com as it appeared on December 10, 2014. For updates or to read the current version of this post in its entirety, please click here.

Continue reading this post >

The teams have been announced to play in the inaugural Popeyes Bahama Bowl. The Central Michigan and Western Kentucky football teams will come to The Bahamas to compete for the trophy on Christmas Eve. Watch a video about the event here.

Ryan Pinder has resigned from his position as Financial Services Minister, according to the Cabinet Office.

The Bahamas Investor
Administrative Links
  


  © 2024 ETIENNE DUPUCH JR PUBLICATIONS LTD