The Renewable Energy Industry in CARIFORUM Countries

COUNTRY INDICATOR ANALYSIS

COUNTRY

RE INDUSTRY DEFINITION AND NEEDS

While there is written policy, there are no regulations to support interconnection and therefore impacts the status of the local RE industry. Large implementations appear to be the priority, requiring little involvement from the FIs. All other stakeholders are important. All relationships require strengthening with focus RECs, and FIs. • Government policies need to be better articulated to the PSIs. • RECs need to engage more with Government and HEI to gain capacity building and have input into the planning processes. • If regulations are developed for interconnection, the FIs will need to revisit lending policies in order to align with RE project requirements. Regulations need to be better articulated to the PSIs and other stakeholders. • PSIs need to assist FIs and RECs in becoming more aligned to policy. • FIs would need to revisit lending policies in order to align with RE project requirements. While there is written policy, the regulations to support interconnection are not in place. This impacts the status of the local RE industry. All stakeholders are important in this policy model which has encouraged MSMEs and residents to implement RE systems with connections to the grid. It is unclear which stakeholders are the most important in this local RE Industry, but some stakeholders exhibit signs of weak relationships, especially the FIs and PSIs. Government policies and regulations need to be set and articulated so that the required stakeholders may respond. All stakeholders are important in this policy model which has encouraged MSMEs and residents to implement RE systems with connections to the grid. All relationships except HEIs and the responsible ministry require strengthening with a focus on PSIs, FIs and the utilities regulator. All stakeholders are important in this policy model which has encouraged MSMEs and residents to implement RE systems with connections to the grid. Further outreach is required to the FIs and HEIs. • The PSIs and RECs relationships require strengthening. • HEIs need to be more actively involved in building technical capacity. • FIs need to revisit lending policies in order to align with RE project requirements.

HAITI

JAMAICA

ST. KITTS AND NEVIS

ST. LUCIA

ST. VINCENT AND THE GRENADINES

Table 4.3 | RE Industry Definition and Needs

The Renewable Energy Industry in CARIFORUM Countries

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