Arthur Hall, Senior News Editor
An American firm hoping to spend US$700 million (J$65 billion) to set up waste-to-energy plants in Jamaica could walk away from the project.
Green Waste Energy says while it has not yet given up on Jamaica, it is becoming frustrated.
President of Green Waste Energy, James D Burchetta, says the infrastructure in Jamaica does not encourage investment in renewable energy, especially from waste.
Green Waste Energy had proposed to spend the billions of dollars to construct four processing plants across the island to transform the waste from the island’s dumps into electricity.
This would be in keeping with the efforts by the Government to have 115-megawatts of renewable energy added to the national grid by 2015.
The four plants would create approximately 1,700 full-time jobs and 1,000 jobs during construction pumping millions of dollars in the economy.
Last week, Burchetta expressed concern about the process to get the approval to construct the plants and the absence of a tipping fee for trucks taking waste to the major landfills.
“We applaud the Government’s efforts to reduce electric rates and help the environment with renewable energy,” Burchetta told