Sunday, April 14, 2024

Drop in solar systems ‘a worry’


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THERE HAS BEEN a dramatic drop in the number of Barbadians seeking to install solar energy systems.

The admission has come from Donville Inniss, Minister of Commerce, Industry, International Business and Small Business Development, as key players in green energy raise grave concerns that the sector could collapse.

And while not providing statistics, he said when the number of people and businesses applying to install solar systems in 2014 was compared to last year, there had been a significant fall-off. He linked the development to persistently low oil prices on the international market.

“There has been clear evidence that there has been a dramatic fall-off in the number of businesses and individuals to go the route of renewable energy as a source of their power,” he added.

Please read the full story in today’s Midweek Nation, or in the eNATION edition.


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