WAI Global Consultants
Renewable Energy Project Development in Caribbean
Renewable Energy

Renewable Energy Project Development in Caribbean

Client

Caribbean Solar Initiative

Region

Caribbean (Multi-Island)

Year

2022-2023

Key Results
45MW
Total Capacity
$85M
Financing Secured
28,000
Households Benefited
35%
Cost Reduction
The Challenge

A renewable energy developer sought to implement solar and battery storage projects across three Caribbean island nations. The client faced challenges with diverse regulatory environments, financing structures, utility negotiations, and needed to address hurricane-resilient infrastructure requirements while securing government support and community acceptance.

Our Solution

Leveraging our diplomatic experience across the Caribbean region, we provided strategic advisory services spanning regulatory navigation, stakeholder engagement, and project structuring. We facilitated negotiations with island governments and utilities, connected the client with Caribbean Development Bank financing programs, and helped design community benefit-sharing models. Our team ensured projects met both technical requirements and cultural expectations for sustainable development.

Results & Impact
  • Secured power purchase agreements with 3 island utilities totaling 45MW capacity
  • Obtained $85M in concessional financing through regional development banks
  • Implemented hurricane-resistant designs certified for Category 5 wind loads
  • Reduced electricity costs for 28,000 households by average of 35%
  • Established training programs creating 120 local renewable energy technicians
"WAI Global's relationships across the Caribbean and understanding of island energy challenges were critical to our success. They helped us navigate three different regulatory systems while maintaining strong community support throughout the development process."
MS

Maria Santos

Director of Caribbean Operations, Caribbean Solar Initiative

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