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Jamaica

  • Jamaica to invest USD 25m on energy storage

    April 16, 2019

    Jamaica’s power utility, Jamaica Public Service Company (JPS) announced it would commission a USD 25 million energy storage facility. The 24.5MW plant will be the first facility of its kind in Jamaica, and will help to address power fluctuations. This storage facility will act like a battery, charging when solar and wind-energy plants generate energy […]

  • One week to IPO of Jamaican wind energy company

    April 11, 2019

    Wigton Windfarm Limited will have its stock market launch on April 17th. Eleven billion shares at 0.50 cents each will be offered under the IPO, which will run until May 1st on the Jamaica Stock Exchange. Wigton is a subsidiary of the state-owned energy authority Petroleum Corporation of Jamaica. Wigton Windfarm is the largest wind […]

  • Jamaican Maritime Authority supports focus on Blue Economy

    March 26, 2019

    The Jamaican Maritime Authority has expressed its commitment to push for legislation governing the exploration and development of a sustainable blue economy. The blue economy ensures that the resources of the ocean are used efficiently, to ensure the sustainability and production of different areas of a country’s economy, including shipping, tourism, commercial fishing, transport, and […]

  • Jamaican project harnesses solar energy to produce drinking water

    February 22, 2019

    Solar Buzz Jamaica has finalised a project at the University Hospital of the West Indies Children’s Ward which produces drinking water from sunlight and air. The off-grid and self-sufficient hydro panel system uses a technology called Source. With advanced water capture technology, it harnesses air and sunlight to produce from four to ten litres a […]

  • Jamaica issues call for tenders for solar and energy storage project

    January 31, 2019

    Jamaica’s Water Resources Authority issued a call for tenders and invitation to bid for a solar-powered back-up system for the flood monitoring system at the Rio Cobre. The solar power and energy storage system will be used for the monitoring and alarm system 24 hours a day. It must also be functional both on and […]

  • Jamaica completes offshore LNG terminal

    December 26, 2018

    The natural gas supplier New Fortress Energy has finished construction for its new floating regasification vessel, the Golar Freeze, off the Old Harbour in Jamaica. This deal is expected to generate over USD22 million for the vessel’s owner, Golar LNG Partners. New Fortress is planning a USD 100 million initial public offering, though the details […]

  • Jamaica makes commitments for a sustainable Blue Economy

    December 5, 2018

    State minister in the Ministry of Foreign Affairs and Foreign Trade, Pearnel Charles Jr., re-affirmed his government’s commitment to fostering blue economic growth in Jamaica. The state minister made these remarks at the Global Sustainable Blue Economy Conference, held in Nairobi, Kenya last week. The state minister also announced Jamaica would remain active on regional […]

  • Jamaica’s energy policy focusing on renewables: a magnet for investment

    November 14, 2018

    Jamaica is a “leader in the Caribbean”, with a renewable energy sector that is particularly attractive for investment, said Managing Director of MPC Capital (MPC), Mr. David Delaire. MPC is a global asset and investment manager for alternative investments. The German company’s subsidiary, MPC Renewables Energy GmbH, will start selling electricity to the Jamaica Public […]

  • Climate Mitigation

    French private sector shows increased interest in Jamaica’s renewable energy sector

    November 13, 2018

    Jamaica’s Foreign Affairs and Foreign Trade Minister, Senator Kamina Johnson Smith, emphasised the growing bilateral relations between France and Jamaica, especially in regards to business and investment opportunities. This relationship, said the Minister, is supported by “sincere people-to-people cooperation and exchanges, and increased business interest in Jamaica”. The Minister spoke at ‘A Touch of France’, […]

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