US to boost solar power in Jamaica

The US is suporting a 20MW Jamaican solar farm. The government’s Overseas Private Investment Corporation (OPIC) and energy investment firm WRB Enterprises are providing a $47 million (£30m) loan. It […]

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The US is suporting a 20MW Jamaican solar farm.

The government’s Overseas Private Investment Corporation (OPIC) and energy investment firm WRB Enterprises are providing a $47 million (£30m) loan.

It supports Jamaica’s aim to increase generation of secure, renewable energy as it currently produces\ more than 90% of its electricity from imported oil.

It is the second project supported by OPIC under the Caribbean Energy Security Initiative.

Robert Blanchard Chairman of WRB, which is developing the project, said: “The largest in the Caribbean, WRB’s Content Solar project will deliver clean, reliable, renewable energy at a stable price to Jamaica for decades to come.

“It will power more than 20,000 Jamaican homes, while displacing more than 3 million gallons of fuel each year. It is an important milestone not only for Jamaica but the entire Caribbean.