Roseau, Dominica: Dominica Geothermal Development Company and Kenesjay Green Limited has virtually signed a framework agreement on Wednesday during the meeting at H2 Caribbean, Miami. The meeting featured the Minister of Finance- Dr Irving McIntyre, Attorney General Levi A. Peter, Fred John CEO of Dominica Geothermal Development Company and Michael Savarin GC of National Focal Point for Dominica virtually.
The government of Dominica stated that they are on the drive to diversify the economy and carry out the inclusive growth by leveraging the country’s national resources in sustainable ways.
Dr Irving McIntyre called it as the significant aspects and stated that the signing ceremony is the momentous occasion for the people and government of Dominica. The agreement will help the government to develop the green industrial programme and their efforts to create low carbon economy.
He further added,” The agreement will help in boosting the economy and national well-being of the country and assist the country in fulfilling their resilient goals. Dr McIntyre said that Dominica is the largest geothermal resources in the Caribbean region and country can become the most efficient Green Hydrogen industry.
Finance Minister said that Geothermal Development Company of Dominica has enhanced the geothermal activities in the country and the new phase in the development in building upon the experience gained from the company. He also extended gratitude to Kenesjay Green Limited and Trinidad and Tobago for collaborating with Dominica.
Further, Philip Julien who is the Chairman of Kenesjay Green Limited also expressed pleasure in partnering with the government of Dominica. He said that when they first met, Dominica asked them one question, what if country could undertake a parallel path as Trinidad and Tobago had started around the same time through the Newgen Hydrogen Project to explore Green Hydrogen Projects.
He said that after that they conducted a country assessment and the found that the country has the efficient renewable energy potential. Philip Julien asserted that they found such potential in the renewable energy for the first time in the Caribbean region. It can fulfill the existing demand of the potential supply for green energy.
Kenesjay Green is a private sector company committed to the Caribbean in developing a pipeline of green decarbonizing projects for the region.