Building a robust renewable energy infrastructure can translate to a competitive advantage in electricity generation for Jamaica. This means that in addition to existing large sustainable energy projects, the country should incentivize other public-private partnerships that could help diversify the island’s electric system, stated Wilfred Baghaloo, PwC partner and deals expert, at the Jamaica Investment Forum that took place in Montego Bay, Jamaica.
Investing in renewable sources is key if Jamaica is going to reach its goal of 20% renewables by 2030. The government of Jamaica is focusing on energy generation policy, which could help promote the diversification of its sources and the players in this sector, and Baghaloo recommends expanding the policy to include the transportation sector, as well.
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