WRB Enterprises (WRB) and Jamaica's Public Service Company Limited (JPS) signed a power purchase agreement (PPA) on 19 September paving the way for JPS purchasing energy from the renewable power generation company.
The 20-year agreement with Content Solar Limited, WRB’s Jamaican project company, will deliver 20 megawatts of reliable, clean renewable energy to the Jamaican grid.
Approximately US$60 million will be spent to construct the 20 MW photovoltaic generation project that will see 98,000 panels installed in Content Village, Clarendon Parrish. It is expected that the project construction will commence in October. Commissioning is scheduled for September 2015.
Bob Blanchard, WRB’s President & CEO, commented:
This will be the largest photovoltaic installation in the English-speaking Caribbean
The Content Solar project should save Jamaica the importation of more than 8.5 million gallons of fuel per year. This is equivalent to approximately US$170 million of foreign exchange over the 20-year term of the PPA.
Robert Blenker, Vice President Renewable Energy of WRB and Director of Content Solar Limited, stated:
This is a major milestone not only for Jamaica, but for the Caribbean. We are ready to get to work. We are excited to create a project that will provide clean, sustainable energy to more than 20,000 Jamaican families.