Sept. 19 (Bloomberg) — Jamaica Public Service Co. signed
20-year power purchase agreements with three renewable energy
providers for projects that will be completed by the end of next
year.
The two wind farms and solar facility will cost $196
million, the island nation’s power utility said in a statement
yesterday. Blue Mountain Renewables LLC’s project will be
capable of generating 34 megawatts at a cost of $90 million.
Petroleum Corp. of Jamaica’s plans to spend $46 million to build
a third wind farm which will generate 24 megawatts.
WRB Enterprises Inc., a closely held Florida-based company
that operates Grenada’s electric utility, will build the 20-megawatt solar facility, which will cost $60 million.
“This will be the largest photovoltaic installation in the
English-speaking Caribbean,” WRB Chief Executive Officer Bob
Blanchard said in a statement today.
To contact the reporter on this story:
Vanessa Dezem in Sao Paulo at
vdezem@bloomberg.net
To contact the editors responsible for this story:
Reed Landberg at
landberg@bloomberg.net
Tina Davis, Robin Saponar