JAMAICA: The Record-Breaking PPA Solar Project
CREF 2017, the largest annual gathering of the Caribbean energy market, will take place at the JW Marriott Marquis, Miami, from October 18th-20th.
500 attendees from 50 countries attended CREF 2016. Over 20 Caribbean countries were represented. Rekamniar has been invited to showcase the Eight Rivers project at this year's conference.
Rekamniar and Neoen set a regional record in 2016 when it signed a PPA for a 33.1 MW solar plant at 8.54 US cents/kWh. At the time many questioned whether a PPA in Jamaica at that price level was bankable. This spotlight session will explore, one year on, progress towards financing, and the developer's approach to the project to ensure that profitability remained intact.