ONE year after entering the renewable energy market, TW Solar says it has helped drive down the cost of solar equipment in Jamaica by some 40 per cent, while rapidly expanding across the Caribbean and Latin America, through a strategic partnership with global solar technology manufacturer Deye.

TW Solar, a subsidiary of the Tank-Weld Group, has emerged as one of the region’s fastest-growing solar distributors and is now contributing significantly to Jamaica’s export performance.

According to the company, its business with the Dominican Republic now accounts for approximately half of all Jamaican exports to that market.

TW Solar was formally designated Deye’s regional distribution hub for the Caribbean and Latin America earlier this year after becoming the manufacturer’s largest customer across the region within just 10 months of its first purchase.

The company said its strategy of maintaining deep inventory levels and focusing on a single premium brand has improved product availability, increased reliability, and helped reduce costs for installers and consumers.

As a result, solar equipment prices in Jamaica have declined by up to 40 per cent, making renewable energy increasingly accessible to households and businesses seeking relief from high electricity costs.

Among the companies benefiting from the shift is Powergrid Electrical Limited, one of Jamaica’s largest solar installation firms.

“At Powergrid Electrical we specialise in delivering reliable solar energy solutions across Jamaica. A key part of our mission is maintaining an A-class standard while providing affordable, high-quality solar systems that offer long-term value,” said Sheldon Gordon, engineer and director of Powergrid Electrical Limited.

“Since the launch of TW Solar Limited in the Jamaican market, Powergrid Electrical has secured access to premium solar products and materials at highly competitive prices without sacrificing quality or performance. These savings have been passed directly on to our customers, helping to reduce overall project costs and making solar energy more affordable. As a result, our clients are able to maximise their investment while benefiting from dependable, sustainable energy,” Gordon added.

TW Solar employees at its warehouse on Seaward Drive in St Andrew.

Tank-Weld made its first purchase from Deye in April 2025 and quickly became the manufacturer’s largest customer across the Caribbean and Latin American region.

The pace of growth led to the creation of TW Solar Limited as a dedicated renewable energy company and, subsequently, its appointment as Deye’s regional distribution hub.

The company has also earned Deye’s Platinum Partner certification — the highest level of distributor recognition offered by the manufacturer.

On Monday, TW Solar announced that the certification had been extended beyond Jamaica and the Dominican Republic to cover additional markets across the Caribbean and Latin America, further strengthening its position as one of Deye’s leading regional partners.

Chris Bicknell, chief executive officer of the Tank-Weld Group, said the company’s objective from the outset was to improve affordability, availability, and quality within Jamaica’s solar market while building a regional distribution platform head-quartered in Jamaica.

“We set out to make solar more affordable, more accessible, and more reliable for Jamaican consumers while building a company capable of serving the wider Caribbean and Latin American region. We have made significant progress in a relatively short period, but we believe the greatest opportunities are still ahead of us,” Bicknell said.

He noted that the company recently expanded its local footprint with the opening of a second branch in Montego Bay, St James, complementing its Kingston operation on Seaward Drive and strengthening distribution across western Jamaica.

With energy costs remaining a major concern for businesses and households alike, industry observers say falling equipment prices, improved product availability, and growing confidence in solar technology are helping to accelerate the adoption of renewable energy across Jamaica and the wider region.