European Commission Backs Groundbreaking Hydrogen Project in Barbados
Key Ideas
  • The European Commission, along with other financial institutions, is supporting HDF Energy's hydrogen power plant project in Barbados, aimed at increasing renewable energy penetration by 50% on the national grid.
  • The project at Harrow Plantation in Barbados will replace 13MW of imported fossil-fuel generation with a combination of solar power generation and green hydrogen storage, contributing to energy independence in the Caribbean.
  • European Commission President Ursula von der Leyen highlighted the significance of the project in promoting renewable and homegrown energy sources for energy security and a cleaner future, emphasizing the importance of clean energy.
  • HDF's Regional Vice-President sees the project as a catalyst for further development in CARICOM member states, investing in low-carbon hydrogen for various industries, decarbonized power for ports, and regional maritime activities.
The European Commission, in collaboration with the International Finance Corporation (IFC), IDB Invest, the Green Climate Fund (GCF), and the European Investment Bank (EIB), is supporting HDF Energy's groundbreaking hydrogen power plant project in Barbados. Known as the Renewstable Barbados (RSB) project, its aim is to significantly increase renewable energy penetration on the national grid by almost 50%. This will be achieved by integrating solar power generation with green hydrogen storage to ensure stable and reliable electricity supply. Located at Harrow Plantation in St. Philip, Southeast Barbados, the plant will replace 13MW of fossil-fuel generation with clean energy. European Commission President Ursula von der Leyen praised the project as a model for energy independence in the Caribbean, emphasizing the importance of homegrown renewable energy for energy security and a cleaner future. Thibault Menage, HDF's Regional Vice-President, sees the project as a stepping stone for further development in CARICOM member states, with a focus on investing in low-carbon hydrogen for industry and decarbonized power for various sectors. The project, set to include 128MWh of green hydrogen storage and 50MW of solar power, marks a significant step towards sustainable energy solutions in the region.
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