IFC and IDB Invest support plans for green hydrogen plant in Barbados

World Bank Group member IFC, and IDB Invest have revealed they have partnered with Hydrogène de France (HDF) and Rubis to support the development of Barbados’ first green hydrogen power plant.

The Renewstable Barbados project plans to integrate a 50MW solar generation facility with green hydrogen and lithium-ion battery storage that will provide electricity to the Barbadian grid, powering up to 16,000 homes.

Announced in February this year (2022), the project hopes to aid the island state in achieving its 100% renewable energy mandate by 2030 without intermittency concerns.

Read more: Barbados to become home to the Caribbean’s ‘largest’ hydrogen project

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