Jamaica - Page 16 of 19 - New Energy Events

Jamaica’s Hon. Andrew Wheatley, Minister of Energy, Confirms for Ministerial Session at CREF ‘16
September 12, 2016
Jamaica’s incoming Minister responsible for energy policy, Dr. the Honorable Andrew Wheatley has confirmed his participation in CREF 2016 and as a speaker on the Ministerial Roundtable discussion on October 18th. Jamaica is a market in transition: renewables are increasingly front and center, as is natural gas. Minister Wheatley joins a blue ribbon session at […]
Report: Jamaica to put final touches on 33 MW PV project
August 17, 2016
An agreement with Eight Rivers Energy Co Ltd (EREC) and the Jamaican government , for a 33.1 MW solar facility in Westmoreland, is almost complete. Both parties will be represented at the 2016 Caribbean Renewable Energy Forum. Construction is scheduled to start by 2017 and power supply should commence in 2018. Energy and Technology Minister […]
Ministers welcome acquisition by Virgin Group of renewable energy company in Jamaica
August 15, 2016
The Ministers in Jamaica are enthusiastic about the acquisition of Blue Mountain Energy (BMR) by Virgin Group CEO Sir Richard Branson. Minister of science, energy and technology, Dr. Andrew Wheatley, supports the purchase as “the kinds of investments that can lead to even bigger and better things”. Minister of finance and public service, Audley Shaw, […]
Richard Branson to acquire BMR Jamaica Wind Limited
August 11, 2016
Richard Branson has purchased BMR Jamaica Wind Ltd and its United States-based parent BMR Energy. Priced at US$89.9 million, the project involves 11 3.3 MW wind turbines that will add power to Jamaica’s national grid, sold to the utility at US$0.129 per KWh. Branson, owner of the Virgin Group, said that his decision was not […]
Jamaica’s solar PPA breaks records at 8.5 cents/kWh: who’s the big winner?
June 13, 2016
The recent PPA awarded at 8.54 US cents/kWh for a 33.1 MW PV project now ranks solar energy as the cheapest source of electricity in Jamaica. Eight Rivers Energy Company Limited (EREC) won the bid, beating out 18 competing projects. “Yes, it is lean – there’s not a lot of fat – but I think […]
Jamaica: turning energy debt into development
June 3, 2016
Jamaica has restructured its agreement with Petrocaribe, the credit finance arrangement that gives member countries discounts and preferential terms for the oil they purchase from Caracas. Earlier this year, the cash strapped Latin American country agreed to cancel Jamaica’s $3 billion of Petrocaribe debt in exchange for a lump sum payment of $1.5 billion. Jamaica now […]
UWI constructs net zero energy building prototype
May 19, 2016
A design project being spearheaded by the University of the West Indies (UWI) aims to construct a prototype of the Caribbean’s first Net Zero Energy Building (NZEB). The building design could save Jamaica millions of dollars, should it be adopted by planning and construction industries. By maximizing the use of natural sunlight for lighting and […]
Jamaica: 33.1 MW PV plant awarded at record low price per kWh
May 12, 2016
Jamaica’s Office of Utilities Regulation announced that Eight Rivers Energy Company (EREC) is the winner of the energy procurement auction for a 33.1 MW solar project. EREC set a record by proposing the lowest electricity price for solar power in Jamaica – just 8.54 US cents per kWh. “The OUR is pleased with the proposed all-in […]
Jamaica reviews waste to energy proposals
May 5, 2016
Jamaican Minister of Local Government and Community Development, Hon. Desmond McKenzie, reported that a number of local and international companies have expressed interest in constructing waste-to-energy plants on the island. Proposals were submitted in response to an announcement made in March by Hon. Andrew Holness, in which he said that Jamaica will seek to implement […]