The Jamaican government has initiated a tender for acquiring renewable energy capacity of up to 100MW. The tender invites proposals for the construction of new power plants, expansion, or repowering of existing ones.
Bidders can propose projects ranging from 5MW to 50MW capacity, using technologies like wind, solar, or hydro, either as standalone or hybrid projects with or without energy storage.
Hybrid projects can have generating units at different locations but must interconnect at a single point. Projects with storage won’t see their net capacity increase, and energy from storage will be paid at the same rate as the rest of the project’s energy.
Solar projects must be operational within 24 months, while others have up to 30 months. Successful bidders will enter into a 20-year power purchase agreement with the Jamaica Public Service Company.
The bid submission window is from January 25, 2024, to February 1, 2024.