What is the renewstable Barbados Project?

The European Union and Barbados have taken an important step towards a sustainable energy future with the launch of the Renewstable Barbados project which aims to integrate solar power with on-site green hydrogen storage to provide a reliable, stable, and clean electricity supply to Barbados.

Will Barbados become the world's largest hybrid power plant?

ePaper! Barbados is to become the home of the largest hybrid power plant in the Caribbean, which will supply thousands of homes with electricity from solar and locally produced green hydrogen.

Will renewstable Barbados support a green hydrogen project?

Those involved said RenewStable Barbados “will represent the first time GCF is supporting an IFC investment through the provision of concessional financing, the first green hydrogen project for IFC, and the first green hydrogen project in the Latin America and Caribbean region”.

What is green hydrogen & how does it work in Barbados?

Green hydrogen is seen as a major opportunity for Barbados to develop its renewable energy sector. It is produced by separating the water molecule in its two components, hydrogen and oxygen, through a process called electrolysis using renewable energy from the solar plant.

Why should Barbados invest in a new energy system?

This innovative solution is expected to ensure the provision of clean, resilient, and stable electricity in Barbados as a key part of the country’s energy transition, leveraging cutting-edge European technology.