Solar Energy and Energy Efficiency in Schools

 

 

 

 

 

Background

The National Education Trust (NET) will be seeking to identify private sector provider(s) to undertake the financing, installation and maintenance of photovoltaic generation systems in a pilot project of 30 select secondary schools. It is envisaged that the project will be implemented under an Energy Service Company (ESCO) model with payment to the private sector being made from savings.

Project Description

The objectives of the project are to:

  • Reduce the energy cost to the schools by 40-70% and, ultimately, to reduce the fiscal burden of the Government of Jamaica.
  • Create an energy conservation and efficiency education programme simultaneously
  • To demonstrate the model for effective replicability throughout the school system

 

Key Highlights:

  • The potential for replicability within the entire school system
  • Multi-lateral interest in financing for renewable energy projects

 

Status

Business Case and Procurement Plan were approved by the Enterprise Team on August 3rd. Transaction stage to commence in the 2nd Quarter F/Y 2017/18.

Solar Energy and Energy Efficiency in Schools