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.
