Thermal Energy Partners (TEP), acting through its subsidiary Nevis Renewable Energy International (NREI), and the Nevis Electric Company Limited (NEVLEC) signed a long-term agreement for 25 years of energy supply connected to a geothermal project on the island of Nevis. The first plant of its kind on the island will supply 9 MW of power that is immediately expandable to meet the ongoing power needs of Nevis and easily capable of exporting 40-50 MW of additional power to other islands. The first phase of the plant is expected to be in operation as early as late 2017 and will provide both base load and peak power supply to the island.
