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Richard Branson transitions vacation island to solar, wind energy and expects to save cash

 

(Virgin Hotels Group)

A view of Necker Island (Virgin Hotels Group)

 

Necker Island, the Caribbean Island owned by Virgin Group chairman Richard Branson, will shift to 75 percent renewable energy by the end of 2015.

 

Branson has struck a deal with NRG Energy to build a system that manages wind, solar and diesel power on the 74-acre island. Electricity on small Caribbean islands is extremely expensive because they must rely on imported oil to power generators.

 

“People no matter what socioeconomic level are paying 40 to 55 cents a kilowatt hour as opposed to in the U.S., six cents to 20 cents,” NRG Energy chief executive David Crane said. “It’s relatively easy with renewable-driven solutions to save people money because they’re paying so much.”

 

Source: http://www.washingtonpost.com/blogs/innovations/wp/2014/02/04/richard-branson-transitions-vacation-island-to-solar-wind-energy-and-actually-saves-cash/



Category/ies:British Virgin Islands, News.
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