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 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 […]

US agency provides $360m for overseas renewables

A US agency has released $360 million (£230 million) to back two overseas funds that will provide the latest renewable technologies and help lay the foundations for emerging markets in the world. The Overseas Private Investment Corporation (OPIC), the US Government’s development financial institution, will provide a share of $125 million (£80 million) to Alternative […]