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Winners of the 2012 IDEAS Energy Innovation Contest for the Caribbean announced

Eight winners of the 2012 IDEAS Energy Innovation Contest for the Caribbean were announced today, following a selection process which considered a total of 189 proposals.  Awards of up to US$200,000 are being offered to the following winning projects and enterprises which promote energy efficiency and access to renewable energy in the Caribbean region:

 

  • Caribshare Biogas Project, Echos Consulting, Jamaica
  • Community hydroponic farming with solar energy, The Family Garden, Jamaica
  • Energy efficient hybrid solar agro-products dryer utilising alternative renewable energy and liquid desiccant technologies, Caribbean ESCO Ltd., Jamaica
  • Collect and recycle used vegetable oil to Bio-diesel, N.V. VSH Foods, Suriname
  • Rural solar acceleration project, N.V. Guguplex Technologies SAC, Suriname
  • Fuel efficient and clean cooking stoves, Prakti Design, Haiti
  • Electrification for rural Haiti, B2D, Haiti
  • Optimisation of the energy efficiency of a bagasse co-generation project, GSR Energy Limited, Belize

 

These proposals will be granted a total of US$ 1,486,000, to develop innovative energy efficiency or renewable energy solutions that have local or regional benefits, provide jobs and reduce greenhouse gas emissions.  In addition to grant funding, winners will receive technical and business development support to implement or scale up their ideas, as well as access to other experts, policy makers, institutions and potential financial partners. The goal is to enable the winners to turn their ideas into financially sustainable businesses, helping solve the energy problems facing the region.

 

This round of the contest was targeted specifically at the Caribbean, with financial support provided by UKAid from the Department for International Development (DFID).  The wider contest is also sponsored and supported by GVEP International, the Government of South Korea, and the Inter-American Development Bank (IDB).

 

“Local innovation and the adaptation of existing technologies to local circumstances could have a dramatic effect on energy supplies and prices. This could stimulate new markets and change the way businesses operate in the region whilst also tackling climate change. We are delighted to support this contest and wish the winners the best of success” said Simone Banister, Climate Change Adviser at DFID Caribbean.

 

“The Caribbean region demonstrated that energy innovation is not the exclusive preserve of large economies” said Arnaldo Vieira de Carvalho, Lead Energy Specialist at the IDB.



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