Jamaica - Page 10 of 19 - New Energy Events

50 percent renewables in Jamaica: Hot air or full steam ahead?

From our Editorial Team
October 25, 2018
Last week Prime Minister Andrew Holness made headlines when he declared a new national renewable energy goal of 50% by 2030. This increase from the previous target of 30% was announced during the launch ceremony for the installation of solar panels on the Prime Minister’s offices in Kingston, a symbolic energy project which many hope […]
Jamaica announces goal for 50% renewable energy by 2030
October 17, 2018
Jamaican Prime Minister Andrew Holness announced yesterday his goal to reach 50% renewables by 2030, increasing Jamaica’s commitment to clean and sustainable energies. “I have directed the government to increase our target from 30% to 50%”, the Prime Minister said, “and our energy company is totally in agreement. So I believe that by 2030, Jamaica […]
Jamaica’s first utility-scale solar plant enters its third year of operations
October 12, 2018
Content Solar Ltd, Jamaica’s first utility-scale PV power plant, celebrated its two-year anniversary of commercial operation. The plant, which was built using climate-resilient technologies, produces more than 44GWh of clean electricity and powers 20 000 households annually. The $63 million project, developed by WRB Energy and owned by WRB Serra, will provide energy under a […]
Renewables developer Neoen announces €450 million IPO
September 26, 2018
Neoen, one of Europe’s largest renewable energy developers, announced its plans for a €450 million IPO, to expand its 2GW portfolio of clean assets to 5GW by the end of 2021. Its current activity is in wind, solar, and energy storage projects.. Neoen is developing the 37 MW solar project in Jamaica, currently in construction […]
Jamaica gathers stakeholders to discuss clean energy transition
September 7, 2018
Jamaican climate leaders gathered today to discuss the transition from costly fossil fuel imports to clean energy. The event, ‘100% Clean: The Why and How of Jamaica’s Transition from Imported Fossil Fuels to Natural Resources’, hosted by 350.org, is building a bottom-up climate movement to increase accountability of leaders to the impact of climate change […]
51 MW solar plant in Jamaica announces construction partners
August 3, 2018
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 […]
Jamaica forecasts expansion and investment boom in renewable sector
July 24, 2018
The Jamaica Promotions Corporation (JAMPRO) is forecasting an expansion for both business and investment in the islands’ economy, specifically for the sectors of manufacturing, tourism, agriculture, and renewables. JAMPRO stated that the current Government is developing an integrated resource plan to increase investments projects in the renewable industry. Ms. Edwards, the president of JAMPRO, stated: […]
EIB to back renewables projects in Jamaica
July 23, 2018
The European Investment Bank (EIB) has approved more than EUR €3.4 billion in financing for clean energy projects around the world. The funds will be used mainly to support renewable energy, energy efficiency and hydropower plant projects. Specifically, part of the financing will be used to promote projects which aim to help Jamaica power […]
Energy diversification will give Jamaica electricity sector competitive advantage
July 5, 2018
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 […]