Rainford
Mark Titus,
Paul Facey, vice-president of Pan-Jamaican Investment Trust. – Winston Sill/Freelance Photographer
Pan-Jamaican Investment Trust is eyeing the energy market for its next venture, saying Government’s plan to boost the supply of renewables offers new revenue opportunities for the company.
“We want to participate in the 115 MW request for proposals,” said Paul Facey, director and vice-president of investments.
“We see the economic benefits in bidding … It will bring a steady cash flow to the group,” he told
We note Energy Minister Phillip Paulwell’s intention of reintroducing the scheme that gave households energy-saving light bulbs in exchange for incandescent ones.
We back the idea if the Cubans, who donated the first set of bulbs, do in fact have more to give, and if we can be assured that there will be proper oversight. For the last effort was not only an embarrassment to Mr Paulwell’s People’s National Party administration, but Jamaica, generally.
The minister’s then deputy, and others, were accused of siphoning off millions of light bulbs for personal benefit and of setting up dummy companies to manage the distribution. These allegations are still before the court.
Any new arrangement must be beyond suspicion.
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Christopher Serju, Gleaner Writer
The Jamaica Agricultural Society (JAS) yesterday signed a memorandum of understanding (MOU) with a Canada-based company which will see both parties exploring wind-energy solutions for use by Jamaican farmers.
A team from Seaforth Energy in Nova Scotia, Canada, is now in the island on a scouting mission of JAS properties to determine their suitability for hosting the construction of a network of wind turbines to provide a supply chain of cheap, renewable energy.
The project, Clean Energy for Jamaica Farmers, is part of a long-term strategy aimed at significantly reducing production/manufacturing costs in the process enhancing the competitiveness of Jamaican agricultural goods and services on the global market.
The MOU, intended to fast-track efforts to identify appropriate sites and raise investment funding, was signed at the JAS head office, 65 Church Street, Kingston, yesterday.
Bruce Thompson, of Seaforth Energy, told
Christopher Serju, Gleaner Writer
The Jamaica Agricultural Society (JAS) yesterday signed a memorandum of understanding (MOU) with a Canada-based company which will see both parties exploring wind-energy solutions for use by Jamaican farmers.
A team from Seaforth Energy in Nova Scotia, Canada, is now in the island on a scouting mission of JAS properties to determine their suitability for hosting the construction of a network of wind turbines to provide a supply chain of cheap, renewable energy.
The project, Clean Energy for Jamaica Farmers, is part of a long-term strategy aimed at significantly reducing production/manufacturing costs in the process enhancing the competitiveness of Jamaican agricultural goods and services on the global market.
The MOU, intended to fast-track efforts to identify appropriate sites and raise investment funding, was signed at the JAS head office, 65 Church Street, Kingston, yesterday.
Bruce Thompson, of Seaforth Energy, told
Paulwell
Daraine Luton,
THE ongoing debate about the rising cost of electricity has gone viral.
Yesterday, a full-page advertisement was taken out in the Sunday Observer, which asked people to join a Facebook initiative called Fight For Your Light, which gives Jamaicans a forum to express their frustration against high electricity bills and to mobilise support to break the monopoly on the distribution of electricity.
Today, the fight was taken further when telecommunications giant Digicel tweeted,