Neoen as the majority shareholder in Paradise Park, a 51.5 MWp PV farm based in Westmoreland, Jamaica, together with the solar park’s co-shareholders, Rekamniar Frontier Ventures and MPC Caribbean Clean Energy Fund, has announced the energization and commencement of its operations at the plant and was inaugurated on October 2nd, 2019. The construction and maintenance of the project was awarded to Eiffage Energía.
Neoen, together with Rekamniar, won in a tender launched by the Jamaican Office of Utilities Regulation (OUR). Paradise Park delivers to Jamaica’s national utility, the Jamaica Public Service Company Limited, the cheapest electrical energy ever produced in Jamaica - with a base tariff of US$85/MWh - through a 20-year power purchase agreement.
Country updates
-
-
September 27, 2019
Launch of the Coalition for Climate Resilient Investment (CCRI)
The Government of the United Kingdom, the Government of Jamaica, Willis Towers Watson, the Global Commission on Adaptation and the World Economic Forum announced the launch of a private sector-led Coa...
Read more -
June 05, 2018
Financial close for 51 MW solar project in Jamaica
Neoen has announced the signing of financing for Paradise Park, a 51 MWp solar photovoltaic project located in Jamaica. The company is a majority shareholder alongside MP...
Read more -
December 14, 2017
Construction of the project has started
Construction of the project has started. Construction of the plant is scheduled to take one year and be completed in December 2018
-
August 23, 2017
A PPS has been signed between JPS and New Fortress for the 94 MW LNG power plant
-
June 22, 2017
The project has officially commenced operations
The project has officially commenced operations. The solar plant will help Jamaica reach its goal of sourcing at least 20% of its total power from renewables by 2020 and cutting its carbon footprint by 35,000 tonnes per year
