Launch of Strategic Partnership to Advance Renewable Energy Projects in the Caribbean
Arcalis Energy has signed a Memorandum of Understanding with Cierco Energy, this partnership aims to advance renewable energy projects in the Caribbean.
Key Highlights of the MOU:
Focus on Sustainable Development: The MOU will thoroughly evaluate the region’s renewable energy potential, taking into account environmental, social and economic facts to identify the most viable project options.
Technical Expertise: Cierco Energy will bring its extensive experience in renewable energy development, including project development, design and engineering to the partnership.
Local Knowledge: Arcalis Energy will provide valuable insights into the region’s energy market, regulatory landscape, and community needs, ensuring the project aligns with local priorities.
David Noble, Chief Executive, Arcalis Energy said “There is no question that clean energy is central to a more prosperous Caribbean and a better future for our communities. This partnership brings together complementary skills and expertise to propel our efforts in developing initiatives that support Barbados’s carbon reduction goals and the transitioning to renewable energy.
Today’s announcement marks the beginning of our commitment to ensuring that the energy transition benefits all Caribbean islands now and, in the future, developing projects in ways that fit the natural environment and, most importantly, visibly embed benefits within local communities.
While we have a long road ahead, today represents a significant step towards securing our energy future”
Scott Harper, Managing Director, Cierco Energy said “This strategic partnership brings together unparalleled expertise and experience to develop and deliver complex technology projects that can unlock sustainable energy solutions for the Caribbean while creating local opportunities and jobs.
The Cierco team’s collective experience over the last two decades has propelled us into a market-leading position in offshore renewables, playing a pivotal role in global energy transformation by bringing decarbonisation solutions to new markets.
We look forward to working with Arcalis Energy, the Barbados and Caricom Governments, and all stakeholders to create an innovative platform that can benefit local communities.”
About
Arcalis Energy
Arcalis Energy is a renewable energy project development company based in Barbados. Established with the goal of helping Barbados and the Caribbean achieve their net-zero targets, the company focuses on accelerating the development of renewable energy projects that maximize value for local communities. The Arcalis team comprises individuals from diverse backgrounds, united by a commitment to promoting a low-carbon energy transition, creating local jobs, and generating economic value. The company is also dedicated to investing in skills and education for children and young people, to provide the resources and resilience the island desperately needs.
Contact:
Samuel Licorish, Chief Communications Officer, Arcalis Energy E: sam.licorish@arcalisenergy.com
Tessa Blazey, Director of Policy and External Relations Cierco Energy E: tessa.blazey@ciercoenergy.com
