Hydroelectricity

d5tid: 
3543

IDB to Increase Support for Renewable Energy in Haiti

  • Posted on: 18 April 2010
  • By: Bryan Schaaf

The Inter American Development Bank (IDB) has announced that it will significantly expand investment in renewable energy throughout Latin America and the Caribbean.  The IDB intends to spend one billion in Haiti to help develop a new energy infrastructure powered by wind, solar, and hydroelectricity.  The current fuel shortage in Haiti underscored the importance of renewable, domestic energy for the country's long term development.  Click here for a video clip of IDB President Moreno explaining the new initiative.  A fact sheet is also attached.  I'll include more information as I find it.