Cahill Energy will build and operate a clean energy plant on the Caribbean island of Barbados. The waste-to-energy plant, which will cost up to $240 million, will be built in Vaucluse, St Thomas, creating up to 650 jobs under a 30-year contract.
Cahill Energy said the company has been considering the technology for three years and was led to the Caribbean.
The plant will provide a leading edge, environmentally sound solution to two of Barbados’s most pressing challenges: waste management and energy security, Cahill said. Using plasma gasification technology, the plant will consume up to 650 metric tons of solid waste per day. The energy generated will provide a new domestic source of power for Barbados, reducing the island’s reliance on imported fossil fuel. The plant is expected to provide up to 25 percent of Barbados’s total energy needs and reduce the cost of energy.