Nevis Investment Promotion Agency

Nevis Investment Promotion Agency

As well as providing investment opportunities in Geothermal, Wind, and Solar energy the NIA has an interest in other innovative renewable energy developments. Nevis is open to developing waste to energy generation plants and wave energy in the future and invites investors to grasp this opportunity.

For more detailed information on ways to invest please contact us.

Solar energy is the fastest growing energy source in the world today, having recently passed Wind energy for this distinction. Solar energy can be used with renewable solar technologies to replace conventional energy systems that consume fossil fuels, thus helping to reduce harmful emissions into the atmosphere and helping to reduce greenhouse effect and global warming.

Viable proposals in solar powered electricity generation is encouraged. Tax concessions are available for companies and individuals purchasing Solar Water Heaters since January 2010.Two major companies on the island have joined the movement to reduce their energy consumption and carbon footprint. S.L. Horsford’s, a multiple trading, service and manufacturing company, and TDC Limited, the parent company of an umbrella of diversified companies, both launched projects to use solar generated energy for their businesses.

For ways to get involved please contact us.

See also Solar

See also Wind

Tapping Into Our Geothermal Reservoir

Unlike Wind and Solar, Geothermal is one of the few clean sources of energy that can provide baseload power without storage devices. With the concerted effort to develop new, cleaner energy technologies, geothermal's ability to provide baseload power is attracting a lot of institutional investment with numerous success stories from U.S. enterprises.

With this advent of geothermal energy, Nevis will be uniquely placed within the sub-region as a low cost, stable and renewable energy supplier. Nevis is on its way to becoming the first carbon neutral location in the world.

The NIA welcomes proposals from potential developers with strong financial backing for the development of geothermal. The exploration phase is completed. It is anticipated that Nevis should be in a position to construct at least a 10 MW Geothermal Plant in the not too distant future.

For ways to get involved please contact us.

Yes, We Have Harnessed The Wind

Wind energy provides a clean, sustainable solution to global energy problems. It can be used as an alternative to fossil fuels in generating electricity, without the emission of greenhouse gases. It is inexhaustible and renewable. It is envisaged that wind power will make the most significant contribution to the attainment of international targets for green electricity.

A 2.2 MW Wind Farm has been constructed at Maddens Estate on Nevis and is currently supplying wind energy to the electricity grid. The Nevis Electricity Company Limited (Nevlec) is obligated to purchase up to 1.6 MW of energy from WindWatt (Developer) according to the Power Purchase Agreement (PPA) between the two companies. The PPA was signed on 14th July 2009 between Nevlec and WindWatt, the developers and owners of the Wind Farm. The Wind Resource contract between WindWatt and the Nevis Island Administration was signed on 14 July 2009. The Wind Farm consists of eight (8) 275 KW wind turbines. The Wind Farm is located on government leased land on Maddens Estate.

See also Solar

See also Geothermal

For ways to get involved please contact us.

There has been a global shift to alternative energy and renewable energy by investing in companies that explore, harness and store solar, wind, hydroelectric, tidal wave, geothermal, biomass and biofuel energy.

As the entire world commits billions to the development of renewable energy, Nevis is blessed to have discovered its wealth of natural resources and natural power production through innovative avenues which is quite remarkable. The Island presents investment opportunities in Geothermal, Wind, Solar, and Other Alternative energy. Nevis has the distinction of leading the Caribbean region and by extension the world in implementing a supply of clean and cost efficient energy.

Green Opportunities In Nevis

Other Alternative Energy

07-02-2015Green Opportunities

As well as providing investment opportunities in Geothermal, Wind, and Solar energy the NIA has an interest in other innovative renewable energy developments. Nevis is open to developing waste to...

Read more

Wind Energy

07-02-2015Green Opportunities

Yes, We Have Harnessed The Wind Wind energy provides a clean, sustainable solution to global energy problems. It can be used as an alternative to fossil fuels in generating electricity, without...

Read more

Solar Energy

07-02-2015Green Opportunities

Solar energy is the fastest growing energy source in the world today, having recently passed Wind energy for this distinction. Solar energy can be used with renewable solar technologies to...

Read more

Renewable Energy

07-02-2015Green Opportunities

There has been a global shift to alternative energy and renewable energy by investing in companies that explore, harness and store solar, wind, hydroelectric, tidal wave, geothermal, biomass and biofuel...

Read more

Geothermal

07-02-2015Green Opportunities

Tapping Into Our Geothermal Reservoir Unlike Wind and Solar, Geothermal is one of the few clean sources of energy that can provide baseload power without storage devices. With the concerted effort...

Read more