Breaking Down Barriers to Renewable Energy Development in the Caribbean

There is no doubt that the Caribbean region and its abundant natural resources offers significant opportunities for the advancement of clean, renewable energy production. Governments and utilities of the region, however, need to think and work more efficiently, and become more proactive and accepting of these new ideas if they want to achieve their national energy goals. The U.S. investment market is interested but tentative, yet with U.S. support through CESI it is conceivable that some of these investment barriers could come down in the short term, particularly if local governments embrace new financing solutions.