Global Renewable Energy - The Company/Letter from the Chairman


Fred E. Rice
Chairman & CEO
Global Renewable Energy

Letter from the Chairman

Global Renewable Energy (GRE) is focused on creating sustainable development projects through the use renewable energy.

Renewable energy is generated from natural resources or processes that are renewable (or naturally replenished) such as solar, wind, ocean, hydropower, biomass, geothermal, bio-fuels and hydrogen.

Sustainable development is resource management that aims to meet human needs while preserving the environment not only in the present, but also for future generations. Sustainable development refers to the interdependent and mutually reinforcing pillars of economic, social and environmental sustainability. It is a process that resolves conflicts between the various competing goals related to these pillars through state-of-the-art technology. Hence, the process is a journey.

GRE is presently developing what may be the most advanced green island, sustainable development project in the world. GRE anticipates partnering with the Republic of Haiti and a Haitian company for the purpose of developing the Island of La Gonave. These shareholders will form the La Gonave Development Authority (LGDA) to accomplish this objective.

LGDA’s mission will be to create JOBS, attract INVESTMENT, create REVENUE for its shareholders and improve the QUALITY OF LIFE for the people of La Gonave and Haiti. As this mission is achieved, the principles of sustainable development will be applies to every project. Some of the projects include:
  • Energy projects that will be the economic engine for the island and will make the island self-sufficient.
  • Alternative energy projects
  • Jatropha plantation and biodiesel plant employing over 18,000 Haitians
  • Luxury estate housing
  • Waterfront villages celebrating the history and natural beauty of Haiti
  • International and private airports
  • All-inclusive destination resorts, hotels, spas, golf courses and casinos
  • Industrial deep seaport
  • Homeport for large cruise ships with provisioning from over 600,000 acres of Haitian agricultural land
The island development will create approximately 214,000 jobs on La Gonave and 1.5 million support jobs. LGDA will manage La Gonave as a business and foster the development of this sustainable island development project by targeting the energy, cruise, tourism and medical/tourism industries.