New Trinidad-Barbados solar energy joint-venture launched
BRIDGETOWN, Barbados, Monday, October 29, 2012 – Solaris Energy Ltd has opened the Caribbean’s newest and renewable energy manufacturing facility.
This new 8,000 square-foot factory in St. Phillip, Barbados, Solaris Energy enhances its 30-year history of providing solar powered products by increasing its production of solar water heaters, expanding its portfolio of products, and reaching out to new international markets.
Solaris Energy’s subsidiary Solaris Global Energy Limited will continue to produce flat plate solar water heaters, including the popular Solaris 500; and add to its product line new vacuum tube solar water heaters and photovoltaic (PV) electricity products and systems.
The factory was officially opened by Senator Darcy Boyce, Minister in the Office of the Prime Minister of Barbados, who also was the featured speaker.
Minister Boyce, who has responsibility for Telecommunications and Energy, Immigration and Invest Barbados, said,:“This expanded and upgraded facility [is] helping this country get a little bit closer to realizing the vision of this administration for a dynamic and strong renewable energy sector.”
Citing the need to get solar water heaters into the homes of income groups that generally do not have them now, Boyce spoke about encouraging research and development, marketing and financing of renewable energy and energy efficiency systems made in the region.
“Solaris has already begun this work in research and development as attested by their introduction of new materials, new technology for heat conversion and more flexible sizing of systems,” he added.
Keith Scotland, Chairman of Solaris Energy’s Board of Directors said the vision of the company is to provide affordable, renewable energy choices, and to show how collaboration between nations is drives greater success.
“We at Solaris Energy are a combination of Bajan innovation and Trini drive and entrepreneurial skill. This is a collaboration to which our group Chairman George Nicholas remains committed to developing in order to be model for CARICOM countries in how co-operation between entities of different Caribbean countries is essential to achieve a common goal.”?
Solaris Energy Ltd is based in the Republic of Trinidad and Tobago and has more than 30 years of experience in manufacturing solar energy products, mainly solar water heaters and photovoltaic systems, using superior materials at an attractive price. Its subsidiary, Solaris Global Energy, Ltd. is based in Barbados and is the successor company to Aqua Sol Components Limited, one of the three leading renewable energy manufacturing pioneers in the region.
Solaris Energy’s dedication to energy efficiency will be further evident with the installation of a 50kW PV system at its new factory before the end of this year. The system will generate enough electricity to fully power operations at the factory, plus feed surplus energy into the grid. Solaris Energy will be the first renewable energy products manufacturer in the region to be running fully on renewable energy.