Business
Cahill Energy to boost Barbados economy with $240 million clean energy plant
AlterNRG owns 100% of Westinghouse Plasma Corporation, a world leader in plasma gasification technology, which is expected to supply the plasma gasification technology. The use of Westinghouse Plasma’s proven, patented, Waste to Energy technology (which is already in use in 6 commercial facilities worldwide) would significantly contribute to cutting Barbados’s dependence on landfills, reduce carbon dioxide emissions and transforming the island nation into one of the greenest economies in the entire region.
Cahill is advised by international law firm Taylor Wessing, a leading adviser in the alternative energy sector. The legal team is led by Dominic FitzPatrick, Head of Corporate, Commercial and Projects.
Senator Darcy Boyce, the Barbados Minister of Energy, said “this Waste to Energy project is a major step to put Barbados firmly on the way to its initial target of replacing by 2029, 29% of its oil based electricity by generation from renewable and alternative energy. Indeed, this project will help Barbados significantly to reach this target ten years earlier than planned.”
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