Petroleum Corp of Jamaica wins USTDA grant for offshore wind project

Block Island wind farm

October 5 (Renewables Now) - The US Trade and Development Agency (USTDA) said on Wednesday it is supporting the development of an offshore wind project in Jamaica by awarding a grant to the Petroleum Corporation of Jamaica (PCJ).

The company will use the money to finance a feasibility study aimed at evaluating the viability of installing such a facility. It has chosen Louisiana-based energy firm Keystone Engineering Inc (KEI) to carry out the study. KEI was the foundation design-engineer for the US’ first offshore wind farm -- the 30-MW Block Island facility off the coast of Rhode Island.

“This study will help the PCJ to get valuable data that can attract overseas investment for the development of our offshore wind resources and we look forward to a fruitful partnership with USTDA and with KEI,” said Winston Watson, Group General Manager of the PCJ.

This would be one of the first offshore wind installations in Jamaica and the greater Caribbean region, USTDA said, adding that the project would create opportunities for the export from the US of a range of equipment and services.

Join Renewables Now's free daily newsletter now!

More stories to explore
Share this story
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription