St Kitts and Nevis Prime Minister Terrance Drew attended the signing ceremony of a historic Memorandum of Understanding (MoU) between the UAE-based Ok&Ok Group and Siemens Vitality, a world chief within the power business, to kick off the Federation’s trailblazing geothermal power venture.
The signing of this MoU kicks off the feasibility research, proposal planning, and technical documentation required to launch the clear power venture.
Prime Minister Drew emphasised the MoU’s significance, thanking the signing Events for his or her dedication to the Federation and religion within the Authorities in facilitating such a historic funding within the nation. Dr. Drew said that St. Kitts and Nevis would be the world’s first inexperienced nation, inspiring others. We could also be small in measurement, however we have now large ambitions. As Prime Minister, I’ll lead the trigger and personal the method.”
Karim Amin, an Government Board Member of Siemens Vitality, stated, “The Prime Minister is a visionary; he understands the importance of the mission and the alternatives for the area.” Siemens will deliver essentially the most progressive expertise and is dedicated to a sturdy and long-term partnership.”
Through the ceremony, Dr. Tajeddine Seif, Chairman of the Ok&Ok Group, reiterated his firm’s dedication to excellence, partnership, and urgency in growing the islands’ geothermal sources. Dr Seif stated, “Only a few days in the past, proper right here in Dubai, we skilled epic flooding in a desert and widespread destruction with the heaviest rainfall seen within the UAE in 75 years.” If that doesn’t encourage the world to behave, nothing will. Dr. Drew is dealing with and main this name.”
Siemens Vitality is an built-in power expertise agency that provides assist all through the power worth chain. They give attention to low- or zero-emission energy manufacturing, transportation, and power storage and reducing GHG emissions and power consumption in industrial processes.
The Ok&Ok Group is a significant personal funding agency famous for its strategic investments and innovation in numerous industries. Renewable power, inexperienced applied sciences, and sustainable infrastructure are the first funding priorities of the Ok&Ok Group.
Extra data on the venture and collaboration shall be accessible within the coming weeks.
The administration stays dedicated to informing the general public because the venture progresses.
