Tag: solar energy
OfReg opens bid for 23MW solar plant
(CNS): The utilities regulator is looking for expressions of interest from qualified bidders to build a dispatchable solar photovoltaic (DPV) plant and an energy storage facility. The quest for this new plant is part of the country’s efforts to reduce its diesel dependence and a step towards the extremely ambitious target of generating 70% of […]
Homeowners snap up green energy option
(CNS): The Ministry of Commerce, Planning and Infrastructure (CPI) has re-allocated 700 kilowatts from the government’s Consumer Owned Renewable Energy (CORE) power capacity, paving the way for affordable and smaller homes to include solar panels and allowing more people in the community to use renewable energy while remaining on the CUC grid. The policy change […]
Branson company buys Bodden Town solar farm
(CNS): BMR Energy, a regional sustainable clean energy company that is now owned by Sir Richard Branson, has acquired the 5MW solar plant in Bodden Town from Entropy Cayman Solar Ltd. According to a press release from the Virgin Group company, it will now take over the operations of the utility-scale solar project and the […]
Solar farm cuts emissions but investors lost cash
(CNS): The solar array in Bodden Town, which began generating electricity from solar panels last summer, is functioning as expected and fit for purpose, with the necessary controls and systems in place, but the investors failed to make a profit on building the plant. Some 800 homes have been fuelled by the solar energy from the […]
OfReg to investigate CUC’s solar deal
(CNS Business): With the price of solar energy now falling rapidly and the increase in competitive pricing of other alternative fuels, Cayman’s utilities regulator, OfReg, has announced its intention to investigate the process around Cayman’s first commercial-scale renewable energy plant, which opened last week. The regulator said it wants to ensure that lessons are learned […]
Cayman’s first solar farm commissioned
(CNS): Calling the event historic, CUC president and CEO Richard Hew, along with project and government representatives, officially commissioned Cayman’s first solar farm Tuesday, 20 June at CUC’s facility in Bodden Town, which is expected to generate enough electricity to power more than 800 homes. Hew, Ministry Councillor Austin Harris, Project Manager Emil Neef and […]
CUC begins testing new solar facility
(CNS Business): Grand Cayman’s power provider is just a few weeks away from officially opening Cayman’s first ever solar farm. Caribbean Utilities Company (CUC) said in a statement today that it has started testing the facility in Bodden Town. Commissioned in partnership with solar project developer Entropy, the renewable energy 5MW facility is expected to […]