Castries
Tenderoni Foods Ltd., a food processing company in Saint Lucia, is looking to improve energy efficiency and reduce operating costs after completing a technical energy audit through the Credit Risk Abatement Facility (CRAF).
Facilitated by EcoCarib, the audit was part of CRAF’s Technical Assistance Programme, aimed at helping SMEs develop financially viable renewable energy and energy efficiency projects.
Key findings indicate the potential for electricity savings of up to 25%, with annual cost reductions projected at over XCD $45,000. The assessment also recommended solar PV as a complementary investment to further reduce dependency on grid electricity.
The company now has a clear, data-driven foundation to explore implementation options and engage with financial institutions supported by the CRAF Credit Risk Instrument.