USD$143m in Renewable Energy Investments

Energy Minister, Dr Andrew Wheatley, says the Government is expected to sign off on two agreements which will secure investments in Jamaica’s renewable energy sector valued at USD$143-million.

Dr. Wheatley updated the House of the Representatives this afternoon on the Government’s renewable energy push while he made his contribution to the sectoral debate.

He says a deal will be signed soon with Eight Rivers Energy Company.

Dr. Wheatley says the Government is also pushing ahead with a USD$78-million and a USD$65-million investment in the country’s renewable energy sector.

Dr. Wheatley told parliament the aim is to ensure that 30-percent of supply to the grid is from renewable energy sources by 2020.

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