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Jamaica

  • Jamaica takes key step forward for e-mobility future

    January 27, 2020

    In partnership with the Inter-American Development Bank (IDB) and other key stakeholders, the Jamaican government completed its electric mobility framework.  “We commenced a process to develop the electric vehicle sub-policy, which includes the development of an electric mobility strategic framework. That framework is now complete, and that was the first stage to getting us towards […]

  • New Fortress boosts Jamaica’s LNG demand with new plant

    November 22, 2019

    A new gas-fired 150MW power plant in Jamaica is helping drive up local LNG demand in a boon for U.S.-based New Fortress Energy. The Jamalco plant is expected to boost the company’s portfolio, which saw the bulk of its US$50 million in quarterly sales come from Jamaica. New Fortress aims to increase its current Jamaican […]

  • Jamaica’s 51.5 MW Paradise Park solar project begins operations

    October 3, 2019

    Neoen, one of the world’s leading renewable energy independent power producers and the majority shareholder in Paradise Park, a 51.5 MWp PV farm based in Westmoreland, Jamaica, together with the solar park’s co-shareholders, Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, is today announcing the energization and commencement of its operations at the plant. […]

  • Jamaica selects bidder for Schools Energy Efficiency and Solar project

    October 3, 2019

    A new energy efficiency and solar energy project – expected to reduce the electricity cost to pulbic schools by up to 70 per cent – is one step closer to coming online. A bidder has been selected for the Schools Energy Efficiency and Solar Energy Public-Private Partnership pilot project, and is now awaiting final approval […]

  • Jamaica’s net billing program sees continued growth

    October 3, 2019

    Jamaica’s net billing facility is growing – signifying a successful growth sector for renewables on the island. Since the 2012 program launch, there are now a total of 800 licenses for net billing that have been issued to power suppliers – seventy since the beginning of 2019. Minister of Science, Energy and Technology Fayval Williams […]

  • Mico University College in Jamaica will see installation of rooftop solar facility

    September 12, 2019

    MPC Capital and the Mico Foundation have signed a memorandum of understanding (MoU) to install solar panels on the rooftop of the Mico University College in Jamaica. The 2MW solar installation is part of the energy efficiency measures which aim to cost energy costs for university, reduce its greenhouse emissions and increase its energy independence. […]

  • Kenyan President visits Jamaica, discusses Blue Economy

    August 7, 2019

    Jamaica has welcomed a state visit from President Kenyatta and a delegation of Kenyan officials. Different collaborations and trade relationships were discussed, including how to grow their blue economy and boost economic partnerships. Kenya and Jamaica are now exploring different opportunities in investment, tourism, agriculture, financial services and trade. Four Memoranda of Understanding were signed […]

  • Jamaica adds USD 1 billion LNG terminal

    July 23, 2019

    A new floating Liquid Natural Gas (LNG) terminal off the coast of Jamaica has placed the country “on track” to meet its energy mix target of 50% of energy sources from renewables or cleaner fuels. The terminal was unveiled at a ceremony last week, attended by Jamaica’s Prime Minister Andrew Holness. “We are demonstrating that […]

  • Jamaica’s commitment to its Blue Economy continues to grow

    June 4, 2019

    Caribbean Development Bank officials have described Jamaica’s Junior Market as a model for financing Blue Economy. Jamaica’s Junior Stock Exchange, said Dr. Justin Ram, Director of Economics at the CDB, is a “blueprint” for countries in the Caribbean wishing to support their blue economy by raising capital through the stock market. A blended finance approach, […]

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