Montpelier Plantation in Nevis, St. Kitts and Nevis

Wedoany.com Report-Jan 30, As reported locally, the Nevis Island Administration for the Caribbean Island state of St. Kitts & Nevis, recently provided an update on the geothermal development ambitions for the Nevis geothermal project.

The Honourable Mark Brantley, Premier of Nevis and Minister of Energy, and a great proponent for geothermal devleopment has said that despite past challenges, it is now targted to finalize the bidding process for drilling early in 2025.

A tender has been shared with drilling contractors both inter-regional and international, who were shortlisted to bid for the project. A return of those document is expected in February 2025. A first round of bidding brought no bids that met the requirements set by the government.

In January, there will be site visits by prospective bidders, pre-bid meetings etc to address questions and concerns by those invited bidders.

Funding, so Premier Brantley, has been secured for the drilling by the Caribbean Development Bank in partnership with the Inter-American Development Bank. The Green Climate Fund has also been mentioned. But overall financing also for the construction of the plant and grid updates has also been secured, so the article.