Is MPC energy leased land in Jamaica for a solar power plant?

Europe-based global clean energy firm MPC Energy Solutions, which is listed on the Oslo Stock Exchange in Norway, is reporting that it has leased several acres of land in Jamaica as part of a major project to develop a 72.5-megawatt, MW, solar power plant here.

What are Jamaica's solar energy concessions?

With an ambitious goal to diversify its energy usage by 30% renewables by 2030, special concessions have been provided by the Jamaican government to solar energy companies such as Conserve It Jamaica, who aim to provide consumers with high quality solar based products and services.

Who owns Jamaica's largest solar project?

That solar project, the largest in the country, was founded and developed by Rekamnair Limited, held by Jamaican Angella Rainford and French energy company Neoen, which owns some 50 per cent.

Will Jamaica increase its solar energy utility?

Another key indicator which highlights Jamaica’s resolve to increase its solar energy utility is where the country was one of the first small island developing states to become a party to the Paris Agreement of the United Nations Framework Convention on Climate Change.

What is the future of solar in Jamaica?

The future of Solar in Jamaica is bright as solar energy is accessible and affordable to everyone. Solar panels and Solar Water Heaters are more efficient and durable than ever..

What is the largest solar plant in Jamaica?

A successful buildout of the planned investment would result in it being the single largest solar plant in Jamaica. Currently, the Eight Rivers solar project, in which the MPC Energy Solution-related MPC Capital of Germany holds a stake of more than 30 per cent, generates between 35MW to 51MW of energy at Paradise Park in Westmoreland.