US announces funding for Caribbean renewable energy projects

By Gaulbert Sutherland in Washington

US Secretary of State John Kerry last evening announced a major initiative to fund renewable energy projects in the Caribbean and Central America as the region seeks ways to ensure energy security in the face of a number of challenges.

“USAID funding associated with the Caribbean and Central American renewable energy project is going to come online tomorrow, May 4 and we are going to begin taking project applications right away,” Kerry told a gathering of Caribbean and Central American leaders during a reception at the State Department in Washington yesterday. President David Granger is representing Guyana and several other Caribbean leaders are present at the energy summit in the American capital which opens today. Security issues will also be discussed.

While the US Secretary of State did not disclose the extent of the funding, he emphasised that the energy market is the future even as he pointed out that “last year for the first time in history, more money was