How much solar energy does Jamaica have?

According to GPE's award report, the Wigston project will offer the energy produced at $63.26/MWh, while SunTerra's project sets a rate of $59.90/MWh. Figures from the International Renewable Energy Agency (IRENA) show that Jamaica had deployed 110 MW of solar by the end of 2023, up from 107 MW at the end of 2022.

Could solar power be a big deal in Jamaica?

With over 300 sunny days a year, solar energy holds immense potential. The expansion of rooftop solar, supported by net billing policies, could empower households and businesses to contribute to the grid. Jamaica's consistent trade winds offer an ongoing opportunity to expand wind farms, particularly in areas like Manchester and St. Elizabeth.

Why are solar and wind technologies so expensive in Jamaica?

The price of solar and wind technologies has fallen dramatically. With Jamaica's abundant sunlight and consistent trade winds, renewables are increasingly cost-competitive with traditional energy sources. As a small island developing state (SIDS), Jamaica is particularly vulnerable to climate change.

How can Jamaica handle a higher share of variable renewables?

Jamaica's grid must be upgraded to handle a higher share of variable renewables. Modernizing the grid and adding storage solutions like batteries will be critical. While the cost of renewables is decreasing, upfront capital requirements remain significant. Accessing affordable financing and attracting private investment is key.