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US Finances 20 MW Solar PV Project in Jamaica



The US Government’s Caribbean Energy Security Initiative recently financed a USD47 million 20MW solar PV project under development in Clarendon, Jamaica. Once commissioned, the project is expected to play a crucial role in reducing Jamaica’s dependence on imported fuel, with the country currently seeing 90% of its electricity generated by using imported oil. As part of the policy, the US government plans to offer several incentives to the renewable energy sector. The long-term policy includes specific incentives for wind, solar, co-generation, biomass, and biofuels sector. The US government also plans to take several measures to boost energy efficiency and conservation in the building, residential, and commercial sectors.b