This is a best prospect industry sector for this country. Includes a market overview and trade data.
Last Published: 7/8/2019

Overview

Renewable and alternative energy remain a growing opportunity in Barbados.  The government has announced plans to make the country powered 100 percent by renewable energy sources by 2030.  The government published a National Energy Policy in 2019.  The Barbadian renewables market is focused on solar photovoltaics, but interest is increasing in wind, waste, biomass, and ocean and wave energy.
 

Leading Sub-Sectors

Solar photovoltaics and wind turbines are becoming increasingly popular for residential and commercial purposes, particularly in the tourism sector.  The government is also exploring larger scale wind, solar, and other forms of alternative energy for national electricity consumption and to reduce reliance on fossil fuels.
 

Opportunities

The United States is the world leader in renewable energy research and technology.  Close proximity to Barbados and current duty free exemptions on solar technologies are some of the advantages of Barbados in this area.  Barbados is seeking to become a leader in clean energy transformation, grid modernization, and energy efficiency.  
 

Web Resources

María Elena Portorreal
Senior Commercial Specialist for the Caribbean Region
U.S. Commercial Service
U.S. Embassy Santo Domingo
Tel: 809-368-7220
Website:  http://export.gov/caribbean
Email: Maria.Portorreal@trade.gov

Jonelle M. Watson
Economic/Commercial Assistant
U.S. Embassy to Barbados and the Eastern Caribbean
Bridgetown, Barbados
Tel: 246-227-4052
Email: watsonjm@state.gov

Barbados Ministry of Energy website: www.energy.gov.bb
Invest Barbados website: www.investbarbados.org
Barbados Renewable Energy Association website: www.brea.bb

Prepared by our U.S. Embassies abroad. With its network of 108 offices across the United States and in more than 75 countries, the U.S. Commercial Service of the U.S. Department of Commerce utilizes its global presence and international marketing expertise to help U.S. companies sell their products and services worldwide. Locate the U.S. Commercial Service trade specialist in the U.S. nearest you by visiting http://export.gov/usoffices.