Tag: power generation

CUC gets greenlight for battery storage

CUC gets greenlight for battery storage

| 16/09/2019 | 13 Comments

(CNS): The utility regulator, OfReg, has approved a 20-megawatt utility-scale battery installation for Grand Cayman’s power provider, CUC, paving the way for the company to store renewable energy for back-up power at its North Sound Road plant. CUC said it could save customers a collective $5 million per year. Its primary function will be to […]

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OTEC refutes OfReg CEO’s claims over cost

OTEC refutes OfReg CEO’s claims over cost

| 13/12/2018 | 49 Comments

(CNS): Cayman OTEC International Ltd, a company proposing to build an ocean thermal energy conversion plant of the North Coast of Grand Cayman, has said the acting CEO of OfReg, Gregg Anderson, was incorrect when he told Finance Committee recently that the project rate is too high to be viable. In a press release from the company about […]

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