Stories News 2016 11 27 1Georgetown, Guyana – (November 26, 2016) President David Granger, today, reiterated that his administration is committed to moving Guyana closer towards full renewable energy by 2025 and lauded Demerara Bank Limited (DBL) for leading the charge towards the development of a ‘green’ state. The Head of State made these remarks at the launch of the Bank’s solar powered Head Office and Corporate Banking Branch on Camp Street.

DBL accomplished this at the relatively low cost of about $27.5 million, which it will recoup in about three years, as its monthly electricity bill prior to the transition was between $1.4 and $1.5 million per month, and will now offer a special eight percent interest rate for companies and businesses interested in installing similar technology.

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