51 MW solar plant in Jamaica announces developers

A consortium of two experienced companies, Schneider Electric and Eiffage Energía,  were selected for the construction and development of the 51 MW solar plant, Paradise Park, in Jamaica. The project developers, Neoen, MPC Caribbean, and  Rekmaniar Frontier Ventures, won the tender with the lowest bid for solar power in the Caribbean at 8.5 cents/kWh.

For its construction, Paradise Park received a loan of US$ 64m from the French Development Financial Institution (Proparco) and the Dutch Entrepreneurial Development Bank (FMO).

 

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