Category: News

Jamaica Promotions Corporation (JAMPRO)

JAMPRO recently supported the hosting of the Request for Information (RFI) launch for Jamaica’s second tranche of renewable energy and battery storage procurement, held at the JAMPRO Business Auditorium.

The initiative, led by the Generation Procurement Entity (GPE) with support from RELP, forms part of Jamaica’s push to increase its renewable energy capacity and strengthen energy security. The upcoming procurement will target 220 MW of renewable energy and 110 MW of battery energy storage (BESS), marking one of the largest clean energy opportunities in the region.

The RFI process allows investors, developers and stakeholders to provide input on the structure of the upcoming Request for Proposal, helping to shape a competitive, bankable framework aligned with market realities. It also signals Jamaica’s continued commitment to transparency and private sector participation in national development for the energy sector.

Through engagements like these, JAMPRO continues to facilitate investment opportunities in the sector, supporting Jamaica’s transition to sustainable energy and positioning the country as a competitive destination for energy investment.

#JAMPRO #InvestJamaica #UnlockingGrowth #EnergyTransition #RenewableEnergy #InvestJamaica

GPE Launches Largest Renewable Energy Tender

The Generation Procurement Entity (GPE) has launched the largest renewable energy tender ever undertaken in the Caribbean, comprising 300 Megawatt (MW) of renewables paired with 150 MW of battery storage, with the tender scheduled by August 2026.

This was announced by Minister of Energy, Transport and Telecommunications, Hon. Daryl Vaz, in his contribution to the 2026/27 Sectoral Debate in the House of Representatives on May 5.

He said this builds on the 100 MW of solar capacity awarded in 2024, bringing total new renewable additions to 400 MW.

“Taken together, these investments represent a decisive step towards enhancing energy security, reducing exposure to global oil price volatility, and advancing Jamaica’s transition to a more resilient, sustainable, and diversified energy mix,” Mr. Vaz said.

The GPE was re-established in January 2020 by way of Cabinet decision for the purpose of processing new generating capacity.

In parallel, the Government is advancing an additional 100 MW of distributed renewable energy through a strengthened Net Billing programme, empowering households and businesses to generate their own electricity.

The Minister informed that the Net Billing Programme terms of reference has been completed and is being modernised through the introduction of a fully online application platform, expected to be operational by December 2026.
Mr. Vaz said this platform will support the acceleration of net billing.

Additionally, discussions have started with Jamaica Public Service Company (JPS) to increase the net billing threshold and to incorporate battery storage into the programme.

“The Ministry is also reviewing licence fees and system capacity limits of 10 kilowatt for residential and 100 MW for commercial systems with mandated battery storage, including the integration of battery storage, to better support modern energy needs such as electric-vehicle charging,” he stated.

Jamaica currently generates about 15 per cent of its electricity from renewable sources.

“Ongoing and planned projects are expected to add roughly 35 percentage points, helping the country reach its 50 per cent renewable energy target by 2030, not only in Jamaica but also the Caribbean,” Mr. Vaz said.

 

[Retrieved from JIS – May 6, 2026]

220 MW Renewable Energy/110 MW BESS RFI Launch Session

Upcoming Launch Event 220 MW Renewable Energy110 MW BESS Request for Information (RFI) Session

Investment Opportunity:
Jamaica’s Second Tranche Auction for 220 MW RE + 110 MW BESS

Jamaica is accelerating its transition towards its 50% renewable energy mix by 2030. Building on the success of the first tranche 100 MWnet auction in 2023, which was oversubscribed five-fold, the Government of Jamaica, through its Generation Procurement Entity (GPE), is launching the largest RE plus BESS  procurement in the English-speaking Caribbean region. 

1. The Procurement Target

This second tranche focuses on high-capacity, reliable and firm renewable energy electricity generation through a co-location model.

  • Renewable Generation: 220 MW net capacity (technology-neutral).
  • Battery Storage (BESS): 110 MW / 220 MWh (2-hour duration).
  • BESS Technology: Lithium Iron Phosphate (LFP).
  • Grid Readiness: Supported by a comprehensive grid characterisation study to ensure seamless integration and efficient BESS operating parameters.

 

2. Commercial Structure & Bankability

The procurement is designed to attract both highly capable local and international developers and Independent Power Producers (IPPs) through a highly bankable framework.

  • Business Model: Co-located RE & BESS on a Build, Own, and Operate (BOO) basis.
  • Contract Term: 20-year Power Purchase Agreement (PPA).
  • Contract Format: Two-Part Arrangement (Capacity plus Energy prices).
  • Regulatory Framework: Governed by the Electricity Act, 2015, ensuring transparency and impartial competition.

 

3.  The Request for Information (RfI)

This RFI is open to investors, prospective bidders, lenders and any other relevant stakeholders. Participants will have the opportunity to provide feedback on the Term Sheets for the Request for Proposal and Power Purchase Agreement for the upcoming 2nd Tranche Auction. Participation in this RFI is not mandatory to submit a bid once the Request for Proposal is launched. 

 

4.  The Second Auction Tranche Timeline (2026)

  • Launch of the RFI: 19 March 2026
  • Information Submission Deadline: 10 April 2026
  • Auction Launch: Q3 2026

5. How to Participate

To ensure maximum efficiency, the process is managed by the GPE and submission process indication will be available soon.

  • Contact: For general queries on the RFI – Generation Procurement Entity info@gpe.gov.jm 

 

Additional Information: About the First Tranche

To provide potential bidders with a clear understanding of the market’s competitiveness and track record, here is the specific data from the 2023 Renewable Energy Auction (Tranche I). The success of the first round has demonstrated significant investor interest and achieved prices well below regional benchmarks.

First Tranche Key Performance Metrics

The auction was highly competitive, resulting in the following outcomes:

  • Awarded Net Capacity: 99.83 MW (out of a 100 MW target).
  • Oversubscription: The round was oversubscribed fivefold, receiving 484 MW in total submitted offers.
  • Average Awarded Price: US$ 61.58/MWh. 
  • Regional Competitiveness: The average price was 14% below regional LCOE estimates for the Caribbean. 
  • Technology Trend: All 12 final bids received were for Solar PV technology, with the majority (8 out of 12) bidding for the maximum project size of 50 MW.
Economic and Environmental Impact

The results of the 2023 auction are projected to deliver long-term value to the Jamaican power sector:

  • Financial Savings: Estimated US$ 415 million in net savings over the life of the 20-year PPAs.
  • Fuel Substitution: Expected to save approximately US$ 298 million by reducing dependence on imported fossil fuels.

Decarbonisation: A projected cumulative reduction of 3.6 million tonnes of CO2 equivalent over the contract period.

Gov’t to Invite Bids for Another 168 Megawatts of Renewable Energy

Gov’t to Invite Bids for Another 168 Megawatts of Renewable Energy
Photo: JIS File

Governor-General, His Excellency the Most Hon. Sir Patrick Allen.

THE FULL STORY

Another request for a proposal for a further 168 megawatts of renewable energy will be launched in the new financial year, which begins on April 1.

This is in addition to the supply of up to 100 megawatts of electricity generation, for which the Generation Procurement Entity invited tenders last September.

The disclosure was made by Governor-General, His Excellency the Most Hon. Sir Patrick Allen, as he delivered the Throne Speech to open the 2024/25 Parliamentary Year in Gordon House on Thursday (February 15).

The Governor-General said the Government continues to develop policies that will contribute to reducing Jamaica’s energy intensity and carbon footprint, while advancing the adoption of new technologies.

The policy and guidelines for energy efficiency and conservation in public facilities, particularly for schools and hospitals, and the electric vehicle policy, were tabled in Parliament in June 2023.

Efforts to diversify energy sources for public passenger vehicles for the Jamaica Urban Transit Company (JUTC) received a major boost with the acquisition of five battery electric buses, as well as 20 compressed natural gas (CNG)-fueled buses.

Increased focus will be placed on improved quality of service by telecommunications operators.

In addition, the Telecommunications (Quality of Service Standards) Rules, which establish the formal framework for the parameters and targets against which operators’ performance is measured, is to be published.

New Jamaica PPA details disclosed

Reading Time: 2 minutes

100 MW renewable energy being sought in this latest call

Durrant Pate/Contributor

Jamaica has gone to market for 100 megawatts (MW) of renewable power, as the authorities have divulged the details of its planned Power Purchase Agreements (PPAs) being sought through Requests For Proposals (RFP).

The draft PPA term sheet just released by Jamaica’s Generation Procurement Entity (GPE), which issued a call for expressions of interest last month, outlined the process by which the government is seeking to procure PPAs for 100MW of renewable energy on a build, own and operate basis for an initial period of 20 years.

Based on the draft PPA term sheet winners of the bidding process will enter into PPAs with the buyer, the Jamaica Public Service Company. These PPAs are eligible for an extension, subject to approval from the Office of Utilities Regulation (OUR), which regulates Jamaica’s energy sector.

The term sheet addresses risks, construction security deposits, payment and currency, termination, and force majeure, among other areas. GPE also published the draft term sheet for the RFPs.

Response period extended

In the meantime, the consultation period has been extended to July 7 with the end of the response period being pushed back to July 21 with expressions of interest now due by July 28. The Government of Jamaica back in 2018 increased its renewables target to 50% from 30% by 2030.

In making the declaration at that time, Prime Minister, Andrew Holness said, “we are working even harder to a more ambitious target to reach 50% of our electricity generation being from renewables by 2030. Pushing our energy generation to be 50-50 by 2030; fossil fuels and renewables is in our national security interest, in our survival interest.”

He added that at present pace the previous target of 30% could be achieved by 2020 if the country remains on track in diversifying its energy use.

Source: https://our.today/new-jamaica-ppa-details-disclosed/

GPE’s Tender Documents: https://gpe.gov.jm/tenders/

GREENMAP and the Government of Jamaica work together to scale up renewables in the country

Brussels – On April 11, the Global Renewable Energy Mass Adoption Programme (GREENMAP) and the Generation Procurement Entity of Jamaica (GPE) have signed a Cooperation Agreement under which GREENMAP will work and give support to GPE to strengthen the design of the National Renewable Energy (RE) procurement programme and the successful implementation of the upcoming auctions.

GREENMAP will cooperate as a transaction adviser with the GPE in the design, deployment and implementation of the country’s RE Procurement Programme.

The main goals of the cooperation are:

  • To successfully implement the first public auction to be launched in 2023 to procure RE generation capacity within the framework set by the Electricity Act 2015;
  • To attract long-term investments, foster competition, and lower costs of RE generation through de-risking tools and strengthening the regulatory framework;
  • To leverage the synergies among various partner organisations for a successful implementation of the national programme; and
  • To attract additional funding from Multilateral Development Banks (concessional and non-concessional), institutional investors and philanthropies in support of the Government’s medium and long-term plan to scale up RE generation in the Country.

Both entities recognise the importance of working closely together to promote successful ways of attracting renewable energy investments into the country, at a lower cost through program-based de-risking solutions.

“We believe GREENMAP is the best advisor in this stage of our activities as they have an experienced team that has advised several countries in this capacity. We also are encouraged given their expertise in advising on renewable energy procurements in markets such as ours. Jamaica has signalled its commitment to an aggressive path to cleaner energy globally, and the Integrated Resource Plan (IRP) provides emphasis on the need for more RE capacity in keeping with Jamaica’s goal of 50% RE generation by 2030”, said Lennox Elvy, Chairman of the GPE.

“We are honoured and excited to support the Government of Jamaica to enhance the national renewable energy market in the country”, said Sebastian Kind, GREENMAP’s Chairman, and CEO. “This shows great commitment and represents an important step to transform the island’s energy mix while improving its energy security. This is a unique opportunity to make real progress towards a just energy transition for the country leveraging the abundant national resources”, he added.

About GREENMAP

Greenmap stands for Global Renewable Energy Mass Adoption Program and is an impact-driven and independent non-profit organisation. Greenmap focuses on accelerating the deployment of renewable generation in developing economies by directly supporting governments in the design and implementation of stable regulatory frameworks, competitive procurement processes, and new financial and credit enhancement tools, including program-based guarantees.

We focus on implementation to facilitate bankability, foster competition, and boost the local and foreign investments needed to materialise project installations, local economic and social development, and the reduction of GHG emissions.

About GPE:

The Generation Procurement Entity of Jamaica (GPE) is the national entity established by the Electricity Act 2015, as appointed in January 2020 by way of Cabinet Decision No. 1/20, to administer the procurement of new generation capacity and manage the replacement of generation to meet the national generation demand prescribed by the national Integrated Resource Plan (IRP).

Procurement Of New Electricity-Generation Capacity To Be Undertaken By GPE

Cabinet has appointed new leadership for the Generation Procurement Entity (GPE), with a mandate to undertake procurement of new electricity-generation capacity, in accordance with The Electricity Act, 2015.

This was disclosed by Minister of Science, Energy and Technology, Hon. Daryl Vaz, during his contribution to the 2021/2022 Sectoral Debate in the House of Representatives on May 18.

Mr. Vaz noted that the entire energy sector hangs on the work of the GPE and that the review of unsolicited proposals and requests for proposals (RFPs) to the market for new generation must be accorded urgent priority by the GPE.

“We have recruited a Chief Technical Expert to support the GPE and we expect onboarding by July 1, 2021. The GPE has been given the charge to get moving. We want to see a significant increase in our generation capacity and our renewable energy share, based on the Integrated Resource Plan (IRP),” he said.

He added that the IRP envisions 32 per cent of generation and net load in 2030 to be met with renewable mix and 49 per cent of generation by 2037.

The renewable mix resources include solar, wind, hydroelectric, waste to energy and biomass.

The IRP is the electricity roadmap for Jamaica under the period 2018-2037. It describes the preferred resource mix over two decades that meets reliability of service, reduced cost of operations, fuel source diversity, electric grid flexibility and the lowering of the environmental carbon footprint.

Mr. Vaz said to place the work of the GPE in context, the country anticipates US$2.8 billion in investments over the life of the plan, which will serve to modernise the electricity infrastructure, diversify the fuel source and institutionalise energy conservation and efficiency.

“There can be no delay in the work of the GPE to procure additional generation capacity to move the energy agenda forward into a new, bold and brighter future. The Inter-American Development Bank is providing assistance with procurement,” he pointed out.

He added that he is aware of the level of public interest about the delay in reviewing several unsolicited proposals that could not have been acted upon until the GPE was settled.

“The public can expect requests for proposals within six months,” Mr. Vaz said.

GPE Mandated To Undertake Procurement Of New Electricity Generation Capacity — Vaz

KINGSTON, Jamaica — Energy Minister Daryl Vaz has advised that the General Procurement Entity [GPE] has been given the mandate to undertake the procurement of new electricity generation capacity in Jamaica.

“The procurement of new investment in the energy sector, to be carried out by the GPE, will be based on the approved Integrated Resource Plan which is a comprehensive decision-making tool and road map for meeting Jamaica’s 20-year electricity grid obligations,” Vaz said during a ministerial statement in the House of Representatives on Tuesday.

The minister said that in light of this mandate, the GPE is at an advanced stage [of discussions] with the Inter-American Development Bank for technical assistance to develop draft rules and protocols for the acquisition of new generation capacity, specifically renewable energy.

Vaz reminded that in his sectoral presentation in May 2021, “I indicated that the public could expect Requests for Proposals within six months.”

“We have experienced some delays but it is anticipated that Requests for Proposals will be in place by the second quarter of the 2022/2023 fiscal year,” he said.

The Jamaica Public Service Company in which the government has a 20 per cent stake is the sole distributor of electricity in Jamaica. It is engaged in the generation, transmission and distribution of electricity and also purchases power from a number of independent power producers.

Gov’t Urged To Promote Competition In Energy Sector

As Jamaicans continue to grapple with rising electricity bills, the government is being urged to move faster in promoting competition in the energy generation business.
Opposition Spokesman on Energy Phillip Paulwell has said despite the move towards more renewable fuels, the anticipated lower costs are not being seen.
He said regulations for liquefied natural gas (LNG) are needed to give more confidence to investors to enter the business.
Mr. Paulwell expressed disappointment at the Generation Procurement Entity (GPE), which is tasked with undertaking procurement of new electricity-generation capacity, in accordance with The Electricity Act, 2015.
“It has taken far too long to get us to another phase of procurement, especially for renewables. The last time this country went to procure for renewables was 2013. Out of that procurement, we now have Wigton Windfarm III, we have the Blue Mountain wind energy system and we have Content Solar plant in Clarendon. We haven’t had a procurement for renewables since then, and it has to do with the slow pace of getting these things done,” he complained.
But Energy Minister Daryl Vaz said the GPE is at an advanced stage in developing draft rules and protocols for acquisition of new generation capacity.
“In my sectoral presentation in May 2021, I indicated to the public that they could expect the request for proposals within six months. We have experienced some delays, but it is anticipated that requests for proposals will be in place by the second quarter of 2022-2023 fiscal year,” he declared.
Requests for proposals should be published by September.