With financing from a loan by the Inter-American Development Bank (IDB), government hopes to diversify the energy mix and simultaneously lower power costs at Mahdia, Region Eight, with a $362.4 million turn-key 686kwp solar farm.
The contract for the project which will be set up on 1.7 acres of land and is set to benefit over 2,884 residents in the area, was yesterday signed by the Guyana Energy Agency (GEA) and the Standby Power Engineering Company (SPECOM) at the Office of the Prime Minister in Kingston, Georgetown.
“This is an important project for us because a lot of people talk about the digital divide. As a government, we’re committed to also bridging the energy divide,” remarked Prime Minister Mark Phillips who witnessed the signing.