Minnis administration making strides in energy sector reform

Public schools and buildings in New Providence will be outfitted with energy-efficient retrofits and solar PV installations as part of the Government’s energy sector reform strategy said Prime Minister Dr. Hubert Minnis. The first two public schools – Anatol Rodgers High School and T.G. Glover Primary School – are expected to be completed this year, […]

BTC saves 32% in energy consumption with local alternative energy business

FREEPORT, BAHAMAS – Energy costs remain high and continue to rise for many CARICOM countries; including The Bahamas. Many are now embracing alternative energy and energy conservation measures to help offset these costs. PowerPlus Bahamas, a Bahamian owned Alternative Energy Business and their group of international partners (GENPRO Energy, Green Energy Services, GREENFIRE Capital, POWERSHAVER, […]

Govt. grants solar exemptions for $2.2 million in goods

NASSAU, BAHAMAS – Businesses that provide solar power equipment and related services are free to apply to the Ministry of Finance to access tax exemptions for the import of solar kits in keeping with the Government’s policy to support renewable energy businesses. Solar kits and components were made duty free during the 2018/2019 budget exercise. […]

Used oil exports can increase 100 percent with concessions extended to local firm

NASSAU, BAHAMAS – The sole Bahamian firm specializing in the export of lubricant oil says it’s up to its nose in used oil, with exports halted 100 per cent as cheaper global crude oil prices lead United States (U.S.) buyers to forgo the refining process needed for used oil exports from this nation. With the […]

BNT awaiting govt’s response over Oban

NASSAU, BAHAMAS – The Bahamas National Trust (BNT) is seeking to meet with the government as it advances discussions with Oban Energies to renegotiate the original heads of agreement signed last February for a $5.5 billion oil refinery and storage facility set for East Grand Bahama. BNT Executive Director Eric Carey said the environmental watchdog […]

Govt. names members of Oban renegotiation team

NASSAU, BAHAMAS – Labour minister Dion Foulkes, on Tuesday identified members of government’s renegotiating team who will chart the way forward for a new deal with Oban Energies, the company that signed a controversial heads of agreement with the government to develop a multibillion-dollar oil refinery and storage facility in East Grand Bahama. Channel. The […]

Bowe: LNG deal with Shell represents “slave arrangement”

NASSAU, BAHAMAS – Bahamas Power and Light’s (BPL) contract with Shell North America to construct a new generation and liquefied natural gas (LNG) plant at Clifton Pier represents a long-term “slave arrangement” for the Bahamian people, according to businessman Ethric Bowe. Instead, Bowe said The Bahamas should be pushing toward total solarization. “Right now, everybody […]

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CCC wants solar power plants in GB

Group launches petition to lower power bills   NASSAU, BAHAMAS – A power company has made application to the government to create solar power plants that will reduce Grand Bahama’s electricity bills by 33-43 per cent, Pastor Eddie Victor, a member of the Coalition of Concerned Citizens (CCC) claimed on Friday. “We shared with the […]

Shell may introduce LNG to assist BPL

NASSAU, BAHAMAS – International petroleum giant Shell revealed Tuesday that the company has its eyes set on introducing the idea of Liquefied Natural Gas (LNG) to Bahamas Power and Light (BPL) to assist the electrical company with cost-effective and cleaner power generation in the country. Mark Regis, Shell Caribbean Country Chair, revealed Tuesday night that […]