The Government of the Republic of Trinidad and Tobago (GoRTT) and the consortium partners, bp Alternative Energy Trinidad and Tobago (bpATT), Shell Renewables Caribbean (Shell), and Lightsource bp, have completed negotiations on the development of a 112MWac/148MWp solar project. The project is a significant milestone for the future of Trinidad and Tobago’s energy transition, as the first large-scale solar project.
Read more: Lightsource bp, Shell and bp receive green light for T&T’s first large-scale solar projectReaching agreement with the government enabled consortium partners to reach Final Investment Decision (FID) to commence construction on the project, with bp and Shell initially having joint shareholdings (50/50). bp and Shell have signed a binding heads of terms agreement with the National Energy Corporation of Trinidad and Tobago Limited (a state-owned agency committed to supporting the sustainable development of the Trinidad and Tobago energy industry) or its affiliate for the option to take up a shareholding in the project.Global solar leader, Lightsource bp, has successfully brought the project from inception to FID and will provide the construction management services. The project is located across two sites, Brechin Castle (92MWac/122MWp), and Orange Grove (20MWac/26MWp).