CEO of the Iwokrama International Centre for Rainforest Conservation and Development, Dane Gobin, and CEO of Instream Energy Systems out of Vancouver, Canada, Dave Dennis, signed a Memorandum of Understanding on Sunday for the purpose of providing “reliable, environmentally friendly, low cost hydrokinetic energy to support conservation and sustainable use of Guyana’s natural resources”.
According to an Iwokrama release, as part of the collaboration, Iwokrama will develop and implement “joint green energy initiatives and models” which can support Iwokrama and local riverain communities with the potential to scale up to larger industrial and commercial projects including agriculture and mining.
“We are delighted Iwokrama sees value in our versatile hydrokinetic energy solutions in terms of helping them meet their environmental and conservation goals. Major-General (Joe) Singh was an important catalyst in terms of connecting our technology with this amazing opportunity,” Instream’s Dennis was quoted as saying.
And Gobin remarked, “Iwokrama looks forward in earnest to this collaboration. The Centre has introduced new technologies to Guyana in the past and believes that working with Instream, can indeed further community livelihoods, conservation and other development objectives contained in the Low Carbon Development Strategy 2030. Green energy remains an important objective for Guyana.”
Instream Energy Systems is a Canadian Company founded in 2008 that is a pioneer developer of versatile, clean, reliable, and low-cost hydrokinetic energy solutions for inland waterways and tidal applications. The company’s globally patented vertical axis hydrokinetic turbines efficiently convert the kinetic energy in moving water into renewable electricity and has been proven safe in marine and avian habitats.
Iwokrama was established in 1996 under a joint mandate from the Government of Guyana and the Commonwealth Secretariat to manage the Iwokrama forest, a unique reserve of 371,000 hectares of rainforest.
