Hydrogène de France announced that Renewstable Barbados, the largest hydrogen power project in the Caribbean, has taken a new major step in its development with Rubis acquiring a 51% stake in its capital. This transaction follows the strategic agreement signed between the two energy companies in June 2021. HDF Energy is also in active discussions with the Barbados Sustainable Energy Co-operative Society to offer 30% of the project prior to construction.Developed by HDF Energy, RSB is a large grid-friendly energy power plant project that will supply clean, resilient, stable and competitive baseload electricity 24/7 to 16,000 residents. Located in St Philip, RSB will aid the island state in achieving its 100% renewable energy mandate by 2030 without the intermittency concerns that typically limit the deployment of solar and wind power on island grids. Using only the sun as a primary source of electricity 50MW solar, RSB combines 128MWh of green hydrogen and battery storage to deliver a continuous output of power, day and night.Totally carbon-free, RSB has been designed to effectively replace certain aging, costly and polluting assets that currently burn Heavy Fuel Oil or Jet Fuel, with a similar level of reliability. Not impacted by any commodity market, RSB also eliminates the exposure to fuel price volatility throughout its 25-year operating life.