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45% Of The Energy Will Come From Cheaper, Cleaner Liquefied Natural Gas By June 2019 -JPS

The Jamaica Public Service (JPS) says that by June 2019, 45 percent of the energy it supplies to the country will come from cheaper, cleaner liquefied natural gas (LNG). By then, the power company’s Old Harbour and Jamaica Aluminium Company (Jamalco) plants will come on stream to join the Bogue facility in St. James, which […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Musk’s Grand Unification Of Tesla’s Clean Energy Ambitions, Combining Solar Power, Batteries, And Electric Cars

Elon Musk’s Tesla Inc. is advancing plans to expand the U.S. solar market and has begun taking US$1,000 deposits for its remarkable new solar roof tiles. Tesla will begin production of two of the four styles it unveiled in October: a smooth glass and a textured glass tile to be delivered this summer. Musk’s vision […]

The Electric Car Reinvented By Dyson?

JPS Signs Power Purchase Agreement With Eight Rivers Energy Company, To Construct A 37MW Solar Power Plant In Paradise Park Westmoreland

Jamaica Public Service Company Limited (JPS) has signed a Power Purchase Agreement, with Eight Rivers Energy Company, to construct a 37MW Solar Power Plant in Paradise Park Westmoreland later this year. Under the agreement, JPS will be purchasing electricity from the new solar facility for twenty years, to the year 2038. This is the second […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Eight Rivers Energy Company Selected As Preferred Renewable Energy Bidder – Updated

Eight Rivers Energy Company Limited (EREC) has been selected as the preferred bidder to build, own and operate a 33.1 megawatt solar photovoltaic (PV) power generation facility at Paradise Park in Westmoreland. According to the Office of Utilities Regulation (OUR), this latest project is the most competitive renewable energy procurement project to date. In a […]

Standard Poor’s Downgrades Barbados For The Second Time In Six Months

Jamaica Solar Energy Association (JSEA) Selects a new Executive Board

Robert Wright has been elected President of the Jamaican Solar Energy Association. His appointment as well as those of the new Executive Board was made at the associations’s Annual General Meeting on March 31, 2016. The AGM brought together renewable energy practitioners and enthusiasts from across Jamaica. The elected Executive Board Membership is as follows: […]

The Electric Car Reinvented By Dyson?

Failure To Launch: Are investors in the local capital market avoiding innovation?

Jamaican investors appear to have a robust appetite for the tried and true, with the two only known IPO failures on the Jamaica Stock Exchange (JSE) being start-ups with previously untried business models. In December 2013 start-up investment firm, Exponential Holdings Limited, headed by Justin Nam, closed its initial public offering undersubscribed, failing to get […]

Knutsford Express Recorded 40% Increase In Net Profit To $170M For 2016/17

Government to advise on future of the Net Billing arrangement with JPS in two weeks

State Minister in the Ministry of Science, Technology, Energy and Mining, Julian Robinson has indicated that within the next two weeks, the government of Jamaica will advise on the way forward in terms of the net billing arrangement with the Jamaica Public Service Company (JPS) Limited. Robinson says while the government is committed to the […]

The Electric Car Reinvented By Dyson?