The Ansa McAL Group, a major conglomerate operating across the Caribbean, and Kenesjay Green Limited (KGL), an indigenous regional leader in green energy project development, have signed an MOU to accelerate the development of new, and commercially viable green energy projects in the Caribbean.
Significantly, the December 2nd signing was done at the COP28 Climate Summit in Dubai, during the session on “Regional Green Hydrogen Developments in the Caribbean”. The event was applauded by representative Ministers of several Caribbean states, and enthusiastically supported by co-hosts in the auspicious Nationally Determined Contributions (NDC) Pavilion in the Blue Zone – the Commonwealth of Dominica, the Caribbean Climate-Smart Accelerator (CCSA) and Kenesjay Green Limited. Also witnessing the signal event were multi-lateral financing institutions and other key stakeholders.
Speaking at the signing ceremony, Mr. Anthony N. Sabga, Group CEO, ANSA McAL Limited stated, “I am proud of this first step taken today to partner with KGL to explore projects to harness the Caribbean’s natural resources to provide more sustainable solutions that impact the lives of the people of our region. It is our intent to bring considerable resources in people, capital and technology to support the efforts of our region in the fight for a greener future. This resonates deeply with our purpose: “Inspiring Better Choices for a Better World”.
Philip Julien, Founder and Chairman of KGL, an affiliate of Kenesjay Systems Limited, said, “We bring our track record of project development expertise which has recently focused on bankable low carbon and green hydrogen projects in the Caribbean. Our collaboration in Dominica to deliver Geothermal to Green Hydrogen bears testament to this focus. This MOU with a Caribbean corporate heavyweight like ANSA McAL is an important next step in advancing potential green projects in the region, including other geothermal-rich countries in the Caribbean.”
COP28, the United Nations Climate Change Conference in Dubai, United Arab Emirates, runs from 30th November to 12th December 2023. It is the world’s only multilateral decision-making forum on climate change with almost complete membership of every country in the world.