US$50m UAE-Caribbean Renewable Energy Fund to extend energy access to rural communities in Belize
The UAE-Caribbean Renewable Energy Fund (UAE-CREF) has committed to developing Belize’s largest renewable energy rural electrification project, which will bring modern electricity services to three remote communities in the country for the first time.
The engineering, procurement and construction contract to build a hybrid solar photovoltaic (PV) and diesel power plant equipped with battery storage was awarded under the US$50 million Fund, the largest renewable energy investment of its type in the region.
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