CDF FUNDS RENEWABLE ENERGY PROJECT
The Government of Saint Lucia signed a Grant Agreement on June 16, 2015 with the CARICOM Development Fund (CDF) for funding of the St Lucia National Trust (SLNT) Renewable Energy Project in the sum of 71,749 Euros. The Agreement was signed by Prime Minister Hon. Dr. Kenny D. Anthony and Ambassador Lorne McDonough, Chief Executive Officer of the CDF.
Specifically, the funding seeks to provide lighting solutions for the Pigeon Island National Park, in keeping with one of its principal themes - environmental preservation. The lighting solutions were designed to run strictly on solar PV modules backed up by 12/24V DC battery banks. The use of solar lighting was initiated by the SLNT and the funding would contribute to the expansion of the use of PV lighting.
This Grant Agreement represents the third grant awarded to Saint Lucia by the CDF since 2010. Previous grants included funding for the Trade and Export Promotion Agency (TEPA) for US$1.0 million and the Ministry of Agriculture's Youth Agri Entrepreneurship Project for US$1.37 million. In addition, the CDF provided a loan facility to the Saint Lucia Development Bank for about US$3.0 million. This brings the total funding by the CDF to Saint Lucia to about US$6 million.
At the signing ceremony Ambassador McDonough announced his departure from the post of Chief Executive Officer of the CDF at the end of June 2015 and thanked the Prime Minister and the Government of Saint Lucia for their support over the years during his tenure as head of the CDF.
Prime Minister Anthony also thanked Ambassador McDonough for his leadership at the CDF and for his support of the Country Assistance Programme for Saint Lucia. He wished Ambassador McDonough the very best in his future endeavours.