Rolando González Bunster, the Chairman of InterEnergy Group (IEG) on Tuesday expressed great optimism that this company out of the Dominican Republic can help the Guyana Power and Light (GPL) improve its systems and provide more reliable service to locals while also looking to the future of renewable energy.
InterEnergy Group (IEG) and GPL recently signed a Memorandum of Understanding (MOU) that forms the basis of this collaboration.
Bunster appeared as a panelist at the first-ever United Caribbean Forum in Georgetown and highlighted the collaboration as he spoke on regional integration in energy.
“We are very happy to sign the MoU with GPL. We believe we can bring to the Guyana Power and Light our knowledge gained over the years and help them manage their system in a better way.
“… especially once 300 megawatts of new generation come online with the future demands,” Bunster said as he commended the Guyana Government on the development of a diverse mix of renewable energy sources including solar farms and the the Gas-to-Energy project.
This project is expected to deliver gas from offshore to the government for power generation and other forms of commercialization.
IEG, a key player in power generation, transmission, distribution and electric mobility in Latin America and the Caribbean, and GPL, the largest supplier of electricity in Guyana, will pool their expertise to fortify the country’s energy infrastructure.
This strategic partnership aims to deliver reliable, affordable, and quality energy services to all corners of the country and Bunster highlighted his company’s profile that positions it to help in this way.
GPL will benefit from the 30-year plus experience of CEPM specifically its use of the latest technology and its commitment towards converting the touristic region in the east of the DR into a zero-emission destination through its CEPM Zero initiative before 2030.
President Irfaan Ali visited the company in 2023 and had a first-hand look at the operations there.
Bunster said since then, the company has continued to innovate and grow with 60 public outlets for fast-charging electric cars, all powered by the sun, in that part of the country.
At the same time, the company is transforming and is looking to become the first utility in the Americas that is 100 per cent renewable.
Already, it has begun putting in battery (solar) and hydro systems and is in the final stages of acquiring a regional company with over 70 megawatts of renewable energy in several countries: The US Virgin Islands, Grand Cayman, Jamaica, Costa Rica and Guatemala.
The company is also looking to acquire the largest solar farm in Jamaica.
“These are things that push us forward as we find ways to integrate ourselves more in the region,” the Chairman added.
