26 Jun '15, 9am

OPIC finances 20MW Jamaican solar farm

The 20MW project in Clarendon will be Jamaica's first utility-scale solar farm. Image: Government of Jamaica. The US government’s Overseas Private Investment Corporation (OPIC) is to finance a 20MW solar farm in Clarendon, Jamaica. The project, owned by Content Solar and under development from Florida-based WRB Enterprises, has secured a US$47 million investment from OPIC under the US government’s Caribbean Energy Security Initiative. The initiative was launched by US vice president Joe Biden last year in order to support renewable energy projects in the Caribbean with Jamaica currently generating more than 90% of its electricity from imported oil. WRB will be the first investor to develop a utility-scale solar plant in Jamaica and the company’s chairman and CEO Robert Blanchard said the project was “an important milestone not only for Jamaica, but the entire Caribbean”. B...

Full article: http://www.pv-tech.org/news/opic_finances_20mw_jamaican_s...

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