CRETAF assists developers with project preparation from the initial through the final stages of bankable project documents. This includes:

• Pre feasibility studies
• Full feasibility studies
• Grid stability studies
• Resource Assessment
• Environmental Impact Assessment

Target: Strong project concepts that require further study before going to capital markets for funding

Terms: Funds are provided as grants for financing eligible RE projects from CREDP participating countries. It is the objective of the Caribbean Community (CARICOM) Secretariat to ensure that as many participating Member States as possible benefit from CRETAF grant assistance. All applications received up to the 17 October 2008 will be pooled, and the most eligible projects from as many participating Member States as possible will be selected for support. After 17 October 2008, eligible projects will be funded on a first come first served basis subject to the availability of funds.

• Download CRETAF Term Sheet

Duration: All activities to be financed under CRETAF must be completed prior to 26 May 2009.

How to access CRETAF:

Step 1: Develop an idea for RE Project

Step 2: Complete the CRETAF Expression of Interest/ Application Form

Step 3: CREDP will evaluate the project using RETScreen where relevant

Step 4: Developer needs to fulfill the terms outlined in CRETAF Term Sheet, including obtaining a letter of support from the respective Government

Step 5: CREDP will follow up with the developer

Requests for any additional information and/or completed application should be forwarded to:

Mr. Leighton Waterman
Senior Project Officer, Energy
CARICOM Secretariat
Tel. No.: 592-222-0001-75 ext. 2638
Fax No.: 592-222-0155
Email: lwaterman@caricom.org

Note:  The operational modality of CRETAF was revised in June 2008 in keeping with the approach adopted under the CREDP Project Extension