OAS Helps Broker Landmark Geothermal Concession and Power Purchase Agreement in Nevis

Historic developments advancing the exploitation and use of renewable geothermal resources for electricity generation are taking place on the small island nation of Saint Kitts and Nevis. On April 28, the Nevis Island Administration issued a geothermal resource concession in favor of West Indies Power, allowing the company to develop and produce electricity using geothermal resources. A 25-year power purchase agreement was also signed by West Indies Power and the Nevis Electricity utility NEVLEC for the supply of 10MW of electrical power. The Department of Sustainable Development of the Organization of American States helped broker these agreements, which expand the role of renewable energy in Saint Kitts and Nevis.