Green RG to build alternative energy plant in Jamaica

Green RG Management, the US-based energy management company, has announced that it plans to build an assembly plant in Jamaica, the base of its intended regional launch.

"We're expecting to partner with government and local industries to bring our technology here for use like in the United States," said Alfred Heyer, the firm's managing partner. "We want to manufacture some of the technology, assemble and distribute it from here." He was speaking at the 7th Regional Investments and Capital Markets Conference held at the Jamaica Pegasus this week.

Plans for the assembly plant have been underway for the last six months, said Heyer. Green RG has also begun training people and implementing the technology that it will take to do the energy audits of businesses and other enterprises.

"We want to explain the technology and give them enough knowledge to go out. Actually if they stop working here they could apply (the skills) to other electrical and technical jobs."

There are several locations being considered for the site of the assembly plant but he did not wish to disclose that just yet, Heyer told Caribbean Business Report.

"The technology is for commercial and residential use but right now we're targeting more businesses, agencies, offices and things of that nature," adding, "We feel that we are going to create hundreds, maybe thousands of jobs."

Over the last two years, the company has been partnering with the government to test new solar technology for streetlights, buildings, water pumps and other infrastructure, at no cost.

"We've been working with the department of Local Government and that has been great. They're great people and most of the government (agencies) have been very receptive."

Green RG is also seeking to set up offices locally, from which it will enter into other regional markets.

"It seems like it's been a slow process but we're doing all the right things, touching all the right bases," Heyer said.

The "slow process" is due to the focus on setting up operations correctly.

"We're making sure that we don't make any missteps and that we do everything proper. We want to be on the up and up and be very transparent."

"We believe that Jamaica is the gateway for the rest of the Caribbean. So we feel from here we can actually launch a campaign into the rest of the Caribbean and into South America."

However, the Caribbean launch will depend on the response that Green RG gets in Jamaica.

"I think that it would take a great response for us to expand and I think we're going to get it because the technology works," he said. "It's proven technology. No one's going to feel like they're guinea pigs. It's a different twist on the traditional but it works very well."

Green RG is also looking to list on the Jamaica Stock Exchange, an option it intends to act on soon.

"We've been talking about that for a few months, so we're going to be looking at it and approaching that probably within the next three weeks."

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