JPS signs agreement with renewable energy providers
KINGSTON, Jamaica – In a historic move this morning (September 18), three entities signed 20-year power purchase agreements with JPS to sell 78 MW of renewable energy to the national grid.
The organizations are BMR Jamaica Wind Ltd, Wigton Wind Farm and WRB Enterprises/Content Solar Ltd. The investment in the local renewable energy market, stands at US$196m. The power generating companies were also presented with licences from Minister of Energy, Phillip Paulwell.
BMR Wind Jamaica will be building a 34MW wind project, roughly 3km south of Malvern, St. Elizabeth, at a cost of US$90m.
Wigton Wind Farm will be investing US$46m in erecting its third wind facility in Southern Manchester, which will generate 24MW of energy.
While WRB Enterprises, through Content Solar Ltd, will be investing US$60M to build a solar plant in Content Village, Clarendon, to deliver 20MW of solar power to the national grid.
The three renewable projects together are expected to create roughly 300 new jobs during their construction phases, which are scheduled for completion by the end of 2015.