Solar energy is expensive but worth it

Published: 

Monday, November 5, 2012

Zahra Gordon

In other parts of the Caribbean, people are investing in solar power more readily than in Trinidad.

There's a global renewable energy revolution taking place, but T&T seems to be lagging behind, says managing director of Smart Energy Ltd Ian Smart. Smart cited European countries such as Germany and Denmark where renewable energy sources were becoming the norm. In towns like Thisted, Denmark, 98 per cent of all electricity and 85 per cent of all heating comes from renewable energy, including solar and wind power. 

 

Smart’s company is one of about five locally-based renewable energy companies that have opened for business in the past decade, including Solar Gray Ltd, Solar Power Concepts Ltd and SM Solar and Wind Energy Systems. This is with the exception of Solaris Energy, a Barbadian company with branches in Trinidad, Jamaica and Grenada, which has been in business for nearly 20 years.