Partner For A Sustainable Energy Future

Trinidad and Tobago boasts of more than 100 years of experience in the global energy industry. As we transition to a decarbonised future, National Energy looks forward to investment projects that are adopting new technologies in the production of sustainable and clean energy.





Sustainable Energy

Renewable Energy Electricity Generation
Trinidad and Tobago has a target of 30% of electricity from renewable sources by 2030, as such, the country has placed its focus on solar PV and wind (offshore and onshore) energy electricity generation. Trinidad and Tobago has favourable solar irradiation levels and (being an island) there is particular interest in offshore wind energy technology deployment. Projects are currently being assessed and developed along these lines.

Manufacturing of Solar and Wind Components
Trinidad and Tobago is positioned to become a manufacturing centre for renewable energy components for the solar and wind energy industry to support the growing demand in the Caribbean and other end markets in the Americas. To service this demand, Trinidad and Tobago proposes a manufacturing cluster to ensure synergies and cost efficiencies.

Green Hydrogen and Green Chemicals
Several factors facilitate a fantastic opportunity for the development of a green hydrogen economy with production of green chemicals in Trinidad and Tobago:

  • High specialisation in gas and oil with the corresponding and adaptable infrastructure
  • Industry’s focus on low carbon ammonia and methanol production
  • Trinidad & Tobago and the Caribbean region have tremendous renewable energy potential and plans, which would be integrated in the roadmap for transitioning into a green hydrogen economy

The first carbon neutral hydrogen production facility in Trinidad and Tobago is currently under development.

Energy Storage - Battery Assembly
Energy storage is a rapidly growing segment of the clean energy sector, and prices have dropped dramatically over the last several years. Trinidad and Tobago invites potential investors to propose battery component assembly and manufacturing projects as well as energy storage projects.

Gas-Based Downstream

Alternative Fuels & Fuel Additives - CNG, LNG, Petrochemicals for Fuels, DME
The development, production and utilization of alternative fuels and fuel additives is important for increasing the efficiency of transportation fuels and minimizing the carbon footprint from fossil fuels sources for both on-land vehicles and for offshore vessels. As such, projects associated with the use of CNG, LNG, methanol, ammonia and DME are in various stages of assessment for development of projects in Trinidad and Tobago, and the Caribbean region.

Metals Processing – Aluminum
The processing of metals provides the platform for the creation of substantial employment opportunities, the development of specialized skill-sets, as well as technology transfer in the development of new products. The metals processing industry is also power-intensive which can be supported by the competitively priced electricity cost in Trinidad and Tobago. Examples of downstream industries that can be established from a metals-processing industry can include:

  • Galvanized materials
  • Roofing materials
  • Re-bars
  • Cable, Wire
  • Skid & Vessel platforms
  • Pressure Vessels, Storage Tanks
  • Rims
  • Wire, Cable, Rods
  • Sheets
  • Angles, Flats, Billets
  • Roofing materials
  • Ingots
  • Vehicle body parts
  • Foil
  • Doors & Windows

Downstream Methanol - DME and Plastics
The development of a clean plastics manufacturing industry as a component of downstream petrochemical production is of significant importance for deepening of the value chain of the energy industry. This would also lead to a more vibrant consumer/manufacturing industry inclusive of a vast variety of plastics products, for both domestic and export demand.

Downstream Ammonia - Urea, Fertilizer Applications
There is opportunity for the establishment of smaller gas-based industries with minimal impact on resources and infrastructure, using the output from primary chemical production facilities or by developing fully integrated processing plants. Downstream ammonia products can contribute to a variety of consumer products that are in high demand, such as fertilizers, which are used to enhance food production.

Inorganic Chemicals
Since processing industries for inorganic chemicals do not primarily rely on natural gas as a raw material, there is a broad scope for developing these products in Trinidad and Tobago. Examples of such applications include food preservatives, water treatment chemicals, industrial chemicals, and pharmaceuticals. Such industries are not highly capital intensive and are relatively easy to establish in terms of resources and raw material requirements.

Biochemicals – Natural Gas to Protein
Protein consumption is necessary for the health and benefit of living organisms. Protein can add quality and physical profile to food and can enter the market, even as an additive to food products. In order to lower prices of food products and maintain a high amino acid content in a healthy products, synthetic protein can be safely added into a variety of food products.

The natural gas requirement and other utlities/inputs that are required for the production of single-cell protein is minimal, when compared to the dominant petrochemical industry. Additionally, the develpment of specialized skill-sets and opportunities for research and development would be avaialbe and required for the development of such an industry.


A Seamless Approval Process

Our ttEngage Investor Platform is available to registered investors. This online platform was created to improve the investor’s experience by reducing the timeline for project approval by as much as 20%. ttEngage provides a seamless experience for companies interested in investing in Trinidad and Tobago’s gas and energy-based industries. It allows the early and parallel engagement of state-agencies required for the investment approval process.

Investors are invited to register on our ttEngage Investor Platform at and to submit your project proposals.

For investment in our sustainable energy sector, please contact:

Marcia Maynard
Vice-President, Sustainable Energy Development

For investment in our downstream natural gas sector, please contact:

Daren Ragoonanan
Manager, Non-Renewable Business Development and Innovation



Attractive Energy Hub
Trinidad and Tobago has a well-established and vibrant upstream, midstream and downstream hydrocarbon sector, and a dynamic manufacturing sector. We are also making strides in the renewable energy and energy efficiency, with our commitments to sustainable growth.

Strategic Location
Companies can easily send and receive shipments from the Far East/Asia through the Panama Canal as well as from the continental USA via east coastal ports, providing opportunities for investors seeking to expand into the LATAM and US market. Trinidad and Tobago is served by a well-connected flight network: ten daily flight connections to the US, six to Europe and several daily flights to CARICOM destinations.

Market Access
Trinidad and Tobago is a member of CARICOM Union providing domestic market access to fourteen CARICOM markets. Additional access is facilitated through bilateral agreements with major regional countries such as US, Canada, Colombia, Costa Rica, Cuba, Dominican Republic and Venezuela, granting access to over 864 million consumers. We are also internationally affiliated as a recognised member of many major international associations including the UN, The Organization of American States and the World Trade Organization.

Competitive Costs

  • One of the lowest electricity costs globally for the industrial sector, at US$0.05/kWh;
  • Low-cost and readily available industrial gases;
  • Local and locally-based firms that provide engineering services and other logistics services;
  • The labour cost is 50-70% lower than in the US or the European Union.

Investment-ready Infrastructure
Strong and stable logistics infrastructure with advanced road networks, major industrial ports and an efficient air transport system.

Highly Skilled Labour Force
With a thriving energy sector and two main universities, Trinidad and Tobago has a highly skilled and trained workforce.


Incentives within the natural gas based and sustainable energy sectors are outlined by sector:

Table 1 - Manufacturing Sector Incentives for Downstream Development

Fiscal Incentives (Fiscal Incentives Act, Chapter 85:01)
The following three (3) fiscal incentives are provided:
  1. Customs duties on the construction of an approved project
  2. Value Added Tax and
  3. Income tax on dividends or other distribution, other than interest, out of profits or gains derived from the manufacture of the approved product during the tax holiday period.
Import Duty Concessions (Third Schedule of the Customs Act, Chapter 78:01)
Exemptions from Customs Duties on raw materials, machinery and equipment and in some cases packaging material based upon the provisions of the Third Schedule of the Customs Act, Chapter 78:01 (as amended).
Free Trade Zones (Free Zones Act, Chapter 81:07)
Free Zone activities that qualify for approval include manufacturing for export, international trading in products, services for export and development and management of free zones. Sales into the customs territory are treated as extra regional imports.
Allowances to the manufacturing sector (Chap. 85:04 Income Tax (In Aid of Industry) Act)
Where a person carrying on a trade incurs capital expenditure on the provision of machinery or plant for the purposes of that trade, there shall be made to him, for the year of assessment in the basis period for which the expenditure is incurred, an allowance (in this Part referred to as “an initial allowance”) equal to 90% of the expenditure incurred in the provision of machinery and plant for the purposes of that trade.


Table 2 - Specific Renewable Energy Sector Incentives

Import Duty Exemptions
Import Duty Exemptions are granted for “machinery, equipment materials and parts for the manufacture or assembly of Solar Water Heater”.
Zero-Rated Vat (Valued Added Tax Act)
Zero-Rated Vat granted for complete Solar Water Heaters, solar PV systems and wind turbines.
Tax Credit for Solar Water Heaters
Tax Credit for Solar Water Heaters: Where an individual, in a year of income commencing 1st January, 2011, purchases solar water heating equipment for household use, that individual shall be entitled to a tax credit of 25% of the cost of the solar water heating equipment, up to a maximum of TT $10,000 (maximum tax credit of TT $2500.00).
150% Wear and Tear Allowance

A 150% wear and tear allowance of the expenditure incurred on:

  1. The acquisition of plant, machinery, parts, and materials for use in the manufacture of Solar Water Heaters or
  2. The acquisition of: wind turbines and supporting equipment; solar photovoltaic systems and supporting equipment or Solar Water Heaters.
Customs and Excise Duty Exemptions
According to the Act, several items “will be allowed for importation free of customs and excise duties as long as they are not manufactured in the desired quantities and quality in Trinidad and Tobago.” The list of items includes “environmentally-friendly and/or energy- saving devices such as solar panels, heating equipment.




Cor. Rivulet and Factory Roads,
Brechin Castle, Couva Trinidad & Tobago,
P.O. Box 1127, Port of Spain

(t) 1 868 636 8471 (f) 1 868 636 2905