Dominica’s Geothermal Energy Project Coordinator Vince Henderson says Dominica has moved 27 million dollars closer to achieving Geothermal Energy Production, and that is exciting news for the country. . Dominica Geothermal Development Company Limited is said to be the special purpose vehicle established by the DLP Government of Dominica, to lead all activities relating to geothermal exploration in Dominica. The World bank’s board of Executive directors reportedly approved 27 million US dollars towards the construction of 7-megawatt power plant. He says 17.2 Million US Dollars of that money is a concessionary loan and 22 Million Dollars is grant funding, and as a result of this, Dominica can finally select a contractor and begin construction. He says Domlec currently uses 18 megawatts to power the country and this project will be able to provide 40% of that supply, which will allow Domlec to sell cheaper electricity to the people. Dominica Geothermal Energy Project Coordinator, Vince Henderson
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