Vergnet Shares Expertise at CARILEC Chief Executive Officers and Finance Conference

[dropcap]V[/dropcap]ergnet, a leading renewable energy company specialising in wind, solar and hybrid energy solutions, this week presented at the 2017 CARILEC Chief Executive Officers and Finance Conference. The event took place from 16th to 19th May in Saint Lucia.

As part of the event Vergnet joined other leading sector experts to discuss key issues and innovative solutions to meet the energy and environment challenges facing Caribbean and Latin American countries.

The company’s thought-leadership and advocacy for better adapted and bespoke energy solutions has been consistent over the years in the Caribbean region as well as within other regions across the world.

The conference is one of the leading annual networking and information-sharing events of the year for utility CEOs and CFOs in the Caribbean and Latin America, as sector leaders gather to share advancements in the industry and state-of-the-art solutions for the future.

Many of Vergnet’s projects around the world benefit from a combination of different energy technologies. The company has extensive experience in working with customers in the Caribbean and Latin America to define the specific needs of the project and the best integrated solutions available to deliver secure, reliable energy and cut energy costs.

Vergnet’s established track-record and experience in providing renewable energy solutions in the Caribbean includes Petite Place wind farm in Guadeloupe. The wind farm was inaugurated last year and consists of nine Vergnet GEV MP wind turbines. The 2,475 MW of energy generated meets the electricity needs of more than 3,300 inhabitants.

The Petite Place wind farm was also the first wind farm in France and its overseas territories to be equipped with storage.

Vergnet has worked in the Guadeloupe area since 1993 with the region’s local electrical authorities.

Having installed over 260 turbines in the Caribbean, Vergnet’s commitment and expertise in the region is reflected in the company’s permanent subsidiary based in Guadeloupe. Vergnet Caraibes opened in 2004 and provides ongoing support and assistance to ensure the wind farms installed by Vergnet and its partners in the Caribbean area are fully available. They include the Petite Place wind farm along with other wind farms in Guadeloupe, Martinique, Cuba, Nevis, Bahamas and Puerto Rico.

Jérôme Douat, CEO of Vergnet, commented: “Our growth in the Caribbean is a result of strong, established relationships with the Caribbean authorities and our individual customers in this area. Our projects and our partnerships deliver essential energy needs across the region. From Nevis and St. Kitts to Martinique, we are delighted that we have had the opportunity to enhance and cement our reputation in delivering customised renewable energy solutions and cost savings in the fast developing region.

“As with many island regions, the use of fossil fuels as an energy source can have a significant financial impact in terms of purchase and safe storage, but our solutions and designs have allowed the region to benefit from renewable, clean energy all year round and ensured a high return on investment for our partners.”

Vergnet’s GEV MP wind turbines have been specifically designed to suit cyclonic areas such as the Caribbean to enable smooth transportation, installation and maintenance.

Vergnet’s turbines are also easily integrated with Vergnet’s patented real-time hybrid controller – Hybrid WizardTM – to ensure a consistent electricity supply and maximise cost savings. Any combination of wind, photovoltaic solar and battery storage, for new and existing diesel systems, is possible with the software. It achieves lower fuel consumption, lower cost per kWh and short payback time for Vergnet customers while also ensuring consistent grid stability and power quality.

With a strong R & D team dedicated to design, manufacturing and engineering innovation, Vergnet’s award-winning renewable energy technology has become an industry benchmark.