The Jamaica Gleaner reports that Jamaica has just received a $30 Million under the US Clean Energy Finance Facility, to pay for legal, consultancy and engineering costs for a new renewables project.
Jamaica Gets First Grant Under US Clean Energy Finance Facility
The United States Agency for International Development (USAID) has awarded the first grant through the Clean Energy Finance Facility for the Caribbean and Central America (CEFF-CCA), to help develop a 37 megawatt solar farm in Westmoreland.
CEFF-CCA will provide support to Rekamniar Capital Limited, the project developer, to partner with independent power producer Neoen on forming the Eight Rivers Energy Company, which will build the solar facility, according to a release from the US embassy in Kingston.
The purpose of the grant is to support selected legal, consulting and engineering costs in late stage project development, it said.
US President Barack Obama launched CEFF-CCA on April 9, 2015. The programme seeks to encourage private sector investment in clean-energy projects in the Caribbean and Central America.
Does anyone think this $30 million grant to assist the Jamaican renewables legal process will deliver any value to the Jamaican people, other than a few well connected bureaucrats? But cancelling the grant will stir up diplomatic trouble for President Trump. Diplomatic trouble with Jamaica could impede joint efforts to stamp out drug smuggling into the USA.