Being developed by Rubis and HDF Energy in the Caribbean Renewstable® Barbados (RSB), RSB will aid the island state in achieving its 100% renewable energy mandate by 2030 without the intermittency concerns that typically limit the deployment of solar and wind power on island grids.
Rubis has also recently acquired 51% of the project with the company taking a majority stake in the project.
Damien Havard, CEO of HDF Energy, said, “We are extremely delighted to have Rubis joining RSB, the second Renewstable® project after CEOG. Many similar projects are currently being developed by HDF Energy across the globe, using the same proven bankable business model and focusing on a valuable baseload power service for local grids.
“In addition to HDF Energy’s unique hydrogen power and local development expertise, we believe the solid presence of Rubis Caribbean in Barbados and its strong commitment to decarbonisation makes it a robust development and financing partner.”
Clarisse Gobin-Swiecznik, Managing Director of Rubis, said, “This second investment in a green hydrogen power plant reinforces our growing collaboration with HDF Energy.
We strongly believe in the Renewstable® technology already implemented with CEOG as a viable solution to provide energy at an affordable cost to populations with challenging energy supply logistics.
“This new project illustrates our will to develop new carbon-free sources of energy, especially in countries where Rubis is operating.”
Inside Trinidad and Tobago’s green hydrogen economy plans
The southern Caribbean islands of Trinidad and Tobago are an exercise in beautiful contradiction. In Trinidad, pristine mangrove swamps and rainforested hills sit side-by-side with smoke-belching oil refineries and unpretty industrial estates. Tobago has everything you’d expect from a Caribbean island, with palm trees and white sand aplenty1 .
A major industrial centre in Trinidad and Tobago is the Point Lisas Industrial Estate, which is home to the majority of the country’s heavy gas industries that include numerous ammonia plans and methanol plants; a natural gas-to-liquids processing facility; and two power stations. Most of this industry is dependent on natural gas which is produced offshore, mainly the east coast of Trinidad, and transported by pipeline across the island.
Want to continue reading? Click here.