Trinidad and Tobago-based Kenesjay Green Ltd (KGL) will take up an initiative regarding green hydrogen country assessment for Dominica, which will be having a key focus upon designing a roadmap for the usage of its geothermal resources while acknowledging regional and global low-carbon energy transition.
During an address, KGL said that the project would be implemented in coordination with the Climate Resilience Execution Agency for Dominica (CREAD), which is a government-statutory agency.
KGL added that the data would be utilized to design the nation’s profile for industrialized renewable energy developments and identify areas that need special attention where the results will eventually guide the national green investment choices and considering the areas of intervention.
At the same time, KGL has also unified its new subsidiary, Kenesjay Green (Dominica) Ltd, which was part of its mission to create a pipeline of viable decarbonizing and green projects in the Caribbean region.
It further added that the project was being implemented under a memorandum of understanding (MOU) that has been signed at COP 26, where both KGL and CREAD unified together to create green industrial eco-parks (GIEP), green hydrogen production, carbon seizure and decarbonizing industries.
Meanwhile, Chairman Phillip Julien said, “we are happy to know that the government authorities of Dominica via CREAD have pushed Dominica’sDominica’s transformation possibility, via the recently signed memo of understanding and this nation’s assessments. This symbolizes what an effective public/private partnership looks like. The positive leadership and untapped green energy of Dominica is the main thing we require as a region to achieve net-zero by 2050.”
“KGL is happy to contribute from private sector investment perspective, towards creating the viable ”green” business case for interconnecting CARICOMs renewable energy resources.”
Meanwhile, CEO of CREAD Francine Baron said, “Dominica has taken a major role in region’s climate change advocacy, and we also acknowledge the KGL’s idea to support such kind of regional renewable energy advancement and integration, something that the Caribbean now has to drive given our individual challenges and plans for climate resilience.”