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Investment Opportunities

Based on the need for efficiency improvements and energy diversification, Jamaica invites investors to take advantage of many investment opportunities in the energy sector, as described below.

Energy Generation

Renewable Energy Plant for Grid (37MW of Firm Capacity) - The Office of Utilities Regulation intends to issue a request for proposals to add 37MW of firm power from renewable energy resources to the national grid.  Firm power may be obtained from the following renewables:

  • Solar Thermal
  • Biomass/Biofuel
  • Geothermal
  • Hydro
  • Municipal Solid Waste

 

Petrojam

Petrojam currently refines crude oil for the domestic market. The company intends to upgrade its refinery.

Oil Exploration

With evidence of the presence of hydrocarbons based on drilling in exploration wells, Jamaica presents investors with the opportunity to explore the country’s potential for important commercial finds of both oil and gas.

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