Ex-Im finances solar power for Caribbean PV project

The Export-Import Bank of the United States has provided a $6.4m loan guarantee to finance the export of SolarWorld Americas solar modules to Barbados.

28 September 2012 16:56 GMT Updated 23 September 2016 11:37 GMT

By Christiana Sciaudone

The 1.4MW project is being built by Williams Industries-Williams evergreen of St. Thomas, Barbados. It is one of the largest solar projects in the Caribbean.

Williams Industries-Williams evergreen will benefit from a feed-in-tariff and intends on expanding the solar project.

SolarWorld Americas, a subsidiary of SolarWorld AG, employs about 1,000 US workers at its manufacturing facility in Hillsboro, Oregon, and its sales and marketing hub in Camarillo, California.

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