Minister of Public Infrastructure, David Patterson, yesterday disclosed that Norway has approved the transferal of $16 billion (US$80m) through its Climate Mitigating Ministry, which will finance the construction of 30 megawatts of solar photovoltaic farms with storage.
The Department of Public Information said that the announcement followed the installation yesterday of the new Board of Directors of the Guyana Power and Light Incorporated (GPL). The Public Infrastructure Minister said that the operationalising of these farms would provide the power company with a significant boost.
In addition, he disclosed that funding has been approved by the United Arab Emirates, which will be used to transform the Essequibo River island of Wakenaam into one of the country’s first, “truly green off grid centres”.
The deal for Norway to release the money was clinched in July 2018. The money under the forest protection programme between the two countries was originally supposed to have been for the Amaila Falls Hydropower Project.
