42 h. ago Incorporation of Renewables in Electricity Supply Would Boost Manufacturing – Fosrich

CEO of the Fosrich Group, Cecil Foster, believes the manufacturing sector would reap massive benefits if broad scale use of renewable energy sources forms part of a new all-island electricity supply licence. Foster was speaking with Nationwide News on Wednesday. Energy Minister, Daryl Vaz on Tuesday announced that the government would not renew its licence […] The post Incorporation of Renewables in Electricity Supply Would Boost Manufacturing – Fosrich appeared first on Nationwide 90FM.

Politics

63 h. ago Fosrich, Wigton Energy Endorse Integration of Renewables in Local Grid

Prominent figures in the local energy sector are welcoming Energy Minister, Daryl Vaz’s, intention to incorporate renewables in the local grid. The Minister has promised the incorporation will form part of negotiations for a new electricity licence. Cecil Foster is the CEO of Fosrich Company Limited. He says the minister’s plan for more renewables on […] The post Fosrich, Wigton Energy Endorse Integration of Renewables in Local Grid appeared first on Nationwide 90FM.

Politics

3 d. ago Efficient Electricity Generation Among Issues Private Sector Wants Addressed in Licence Negotiations

The local business lobby is calling on the government to ensure certain steps are taken during negotiations for a new electricity licence. The call is being made by the Private Sector Organisation of Jamaica, PSOJ, the Jamaica Chamber of Commerce, JCC, and the Jamaica Manufacturers and Exporters Association, JMEA. The groups are reacting to news […] The post Efficient Electricity Generation Among Issues Private Sector Wants Addressed in Licence Negotiations appeared first on Nationwide 90FM.

Politics

3 d. ago Acquiring JPS an Option as Gov’t Seeks Better Terms on Electricity Licence

Energy Minister, Daryl Vaz, says the government is prepared to acquire the services of the Jamaica Public Service Company, JPS, if necessary. His statement is guided by Condition 27 of the JPS licence of 2016. Condition 27 of the licence deals with the acquisition of the JPS’ service. It empowers the government to take control […] The post Acquiring JPS an Option as Gov’t Seeks Better Terms on Electricity Licence appeared first on Nationwide 90FM.

Politics

3 d. ago Opposition Wants Future Negotiations to Secure Lower Energy Cost

Opposition Spokesman on Energy, Phillip Paulwell, says the government must ensure that future negotiations on a new electricity licence result in lower energy costs for Jamaicans. According to Paulwell, he has repeatedly alerted the government on the impending expiration of the company’s licence. He notes that he had also urged Minister Vaz to establish a […] The post Opposition Wants Future Negotiations to Secure Lower Energy Cost appeared first on Nationwide 90FM.

Politics

3 d. ago Jamaica Opens Applications for Licence to Provide Electricity

In a stunning development, the Government of Jamaica says it will not renew its licence with the Jamaica Public Service Company, JPS, under the current terms. The announcement was made by Energy Minister Daryl Vaz at a press conference held at Jamaica House on Tuesday morning. The Government of Jamaica holds a 19 per cent […] The post Jamaica Opens Applications for Licence to Provide Electricity appeared first on Nationwide 90FM.

Politics