Sunday, July 27, 2008

Dominica invests in geothermal energy

ROSEAU, Dominica (AP) - The tiny Caribbean island of Dominica has signed an agreement with West Indies Power Holdings for the exploration of geothermal energy.

Officials with the Nevis-based company say it will take 18 months and cost US$4 million to dig wells up to 6,000 feet (1,800 meters) deep just south of the island. They hope to find hot water and convert it to steam so it can be used to generate electricity.

The project's second phase includes construction of a 15-megawatt plant that will cost US$45 million and take more than one year to build.

Former acting Attorney General Bernard Wiltshire said Saturday that the project will generate additional revenue for Dominica. Officials plan to sell excess power to Martinique and Guadeloupe. - AP

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