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News
Before you buy that car, count the cost
4+ hour, 31+ min ago (441+ words) THE easiest part of owning a car may be buying it. The harder part is keeping it. Against the backdrop of vehicle repossessions, financial and automotive professionals are urging consumers to look beyond whether they can afford to secure a…...
MPC Caribbean shareholders approve US$3.27-million solar farm sale
4+ hour, 44+ min ago (616+ words) MPC Caribbean Clean Energy Limited (MPCCEL) shareholders approved the US$3.27-million sale of the San Isidro solar park on Tuesday, advancing the company’s withdrawal from its renewable-energy portfolio and a planned distribution to investors — potentially its first since 2019. The proposed…...
Jamaica needs a true energy partnership — Part 1
2+ week, 3+ hour ago (398+ words) His key response to the event’s theme, ‘Breaking the Grid: Charting Jamaica’s Path to Renewable Energy’, was that Jamaica had a unique opportunity to transform its energy sector, reduce electricity costs, and boost economic competitiveness, but only if it can…...
Excelerate brings eCornell learning to Jamaican engineering interns
1+ mon, 1+ week ago (234+ words) The addition of the eCornell initiative to the company’s annual internship programme supports Excelerate’s commitment to developing Jamaica’s next generation of engineers and energy professionals, while equipping them with capabilities that will support their long-term career development. Interns are placed…...
Tropical Battery sells, leases back Ferry Road HQ - Jamaica Observer
1+ mon, 2+ week ago (473+ words) TROPICAL Battery Company Limited has completed a sale-leaseback of its Ferry Road headquarters, generating gross proceeds of $950 million, with part of the funds used to repay higher-cost debt and the balance deployed to working capital. Under the arrangement, Tropical Battery…...
Kintyre Holdings enters EV market through partnership with Florida-based Rush Hour Engineering
1+ mon, 3+ week ago (493+ words) Kintyre Holdings (JA) Limited (KNTYR) has officially entered the electric vehicle (EV) market through a strategic partnership with Florida-based Rush Hour Engineering, noting that it marks another major milestone in the company’s aggressive diversification and international growth strategy. The partnership…...
CDB launches new initiative to advance renewable energy scaling in the region
1+ mon, 3+ week ago (340+ words) BRIDGETOWN, Barbados (CMC) — The Caribbean Development Bank (CDB) has launched a new initiative aimed at helping the Caribbean assess how renewable energy resources, electricity demand, regional interconnection opportunities, and investment pathways can be integrated into a viable regional roadmap. The initiative,…...
Brunch with the BMW iX3
1+ mon, 3+ week ago (231+ words) BMW Jamaica welcomed the model they expect to lead them into the future — the all-new iX3 — on the East Lawn of Devon House, St Andrew, on Sunday, June 14. “To finally reveal to Jamaica what many have touted as the world’s best…...
MoBay adds automated car park in move towards becoming smart city
1+ mon, 3+ week ago (569+ words) MONTEGO BAY, St James — As part of a wider thrust to make Montego Bay a smart city, the St James Municipal Corporation last Thursday officially commissioned its first automated car park. It cost the corporation approximately $4 million to make the…...
Powergrid Electrical: engineering a solar legacy
2+ mon, 2+ week ago (739+ words) AFTER nearly 20 years in engineering and eight years formally operating in the solar industry, Powergrid Electrical Limited has evolved into not only a solar business but a family legacy in the making. The company, which started informally through small solar…...