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
OST picked as owner's engineer for the project. It will support the developer during the development, construction and commissioning phases of the project, which is due to be completed in December 2018
MPC Capital AG is creating a renewables investment platform targeting assets in the Caribbean. The platform will take a stake of just under 50% in the 50-MWp Paradise Park solar photovoltaic (PV) project
MPC Capital to invest in the project. It will co-invest in a joint vehicle that will take a stake of just under 50% in the project for a total consideration of US$50 million