The solar energy farm at the Argyle International Airport (AIA) was officially opened on June 15, 2018.
The Government had signed with the CARICOM Development Fund (CDF) a soft loan agreement of just over EC 2 million dollars to fund the first phase of the solar energy project at the AIA.
Funding was also provided by the UN Promoting Access to Clean Energy Services (PACES) Project in St. Vincent and the Grenadines, which is being managed by the local Energy Unit.
Prime Minister Dr Ralph Gonsalves said he is trying to see if they can the loan from the CDF transformed into a grant.
Speaking at a media conference this morning, Dr. Gonsalves said that the project will be carried out by VINLEC.
He said the solar energy project at the AIA consists of a 420 kilowatt Solar PV System, and the energy generated will be fed into the island’s public electrical grid.
According to the Prime Minister, this project will provide sufficient energy to power 480 homes on a daily basis and save close to $460,000 worth of diesel per year.