Barbados Investment and Development Corporation (BIDC), operating as Export Barbados, has partnered with Seabased Group to construct a wave power park, emphasizing green hydrogen research and development in Barbados. The memorandum of understanding (MOU) signed on June 7th, 2024, outlines plans to initiate a 2MW pilot wave power park, with future expansions to 10MW or more. This initiative aligns with Barbados' ambition to spearhead the Caribbean's transition towards green hydrogen. Mark Hill, CEO of BIDC, highlighted the importance of seeking innovative solutions to drive energy transitions, aiming to harness the ocean's resources sustainably within the Exclusive Economic Zone. Barbados' heavy dependence on imported fossil fuels, coupled with climate risks and logistical vulnerabilities, underscores the critical need for energy diversification. The partnership between BIDC and Seabased aims to leverage renewable ocean energy, recognizing waves as a reliable 24/7 clean power source that can stabilize the grid. The focus on green hydrogen production, facilitated by wave technology, offers a sustainable alternative to traditional fossil fuel-powered operations. The collaboration between Export Barbados and Seabased is expected to advance Barbados' blue economy development while safeguarding its unique ecosystem and biodiversity. Green hydrogen emerges as a promising solution for reducing Green House Gas (GHG) emissions, especially in challenging sectors like maritime shipping. By utilizing renewable energy sources like ocean waves, the production of green hydrogen becomes environmentally friendly, minimizing carbon footprints and promoting a cleaner energy future.