Brussels, 06/02/2012 (Agence Europe) - On Thursday 2 February, the European Investment Bank agreed to fund preparations for possible use of geothermal renewable energy to replace fossil fuels in the Caribbean. Potential electricity generation capacity from geothermal resources and feasibility of connections to other islands will be examined under the technical assistance programme to start shortly.
The €1.1 million grant is to enhance detailed planning and study the feasibility of...