Jamaica energy storage project for sale

Will JPS build a solar power plant in Jamaica?

Power utility Jamaica Public Service Company, JPS, is investing US$300 million to construct Jamaica’s largest solar power plant and a battery storage facility, starting this month. The renewable energy facility will replace JPS’s aged Hunts Bay...

Why is energy storage important in Jamaica?

Jamaica is committed to reducing its dependence on imported fossil fuels. The country’s National Energy Policy sets an ambitious target: 50% of electricity from renewable sources by 2037. Energy storage plays a critical role in achieving this target. Key policy support includes:

How can battery energy storage help Jamaica?

Battery energy storage systems (BESS) are now emerging as a cornerstone technology to address these challenges—helping Jamaica stabilize its grid, unlock more renewable energy, and reduce electricity costs for both consumers and businesses. The country’s electricity cost can reach as high as $0.32 per kilowatt-hour, far above global averages.

How much does a floating solar project cost in Jamaica?

Jamaica launches a new floating solar project that includes 45 MW of solar panels on the surface of the Mona Reservoir. The project, financed by Derillion Energy Limited, costs US$62.5 million and will generate clean, renewable energy for the site. Source: Carib Journal

Why should a company invest in battery storage in Jamaica?

By integrating battery storage with rooftop solar systems or hybrid microgrids, Jamaican companies can maximize renewable use while gaining financial savings and branding advantages. Beyond the city centers, many Jamaican communities live in remote or coastal areas with limited access to stable electricity.

Will Jamaica get 100 mw of renewable power?

The Jamaican Government received 42 submissions from companies interested in their call to procure 100 MW of renewable power. Source: BN Americas Jamaica has released its first electric vehicle policy, with the goal of increasing energy security, diversifying supply, and decarbonizing.