(Jamaica Gleaner, Neville Graham, 9.Jun.2019) — Light and power supplier Jamaica Public Service Company (JPS) is in line for a tax break as it follows through on plans to add storage capacity to the national grid. Last week, State Minister in the Ministry of Industry, Commerce, Agriculture and Fisheries Floyd […]
Tag: JPS
JPS Invests $25m In Storage Facility To Address Power Fluctuations
(Jamaica Gleaner, Steven Jackson, 14.Apr.2019) — Power utility Jamaica Public Service Company, JPS, will commission a US$25 million storage facility in phases this year as a safeguard against power outages. The 24.5 megawatt plant, the first of its kind for Jamaica, will be installed at the company’s Hunt’s Bay power […]
New Fortress Energy planning Nasdaq listing
(Jamaica Gleaner, Steven Jackson, 14.Nov.2018) — New Fortress Energy, the American company that develops gas infrastructures and supplies natural gas to Jamaica, has considered listing its shares on the Nasdaq stock exchange, but has redacted the pricing and amount set for the initial public offering. It was unclear up to […]
JPS Promises Improved Power Supply After $116 Million Grid Investment
(Jamaica Gleaner,11.Nov.2018) — The Jamaica Public Service Company (JPS) is promising a more reliable power supply with an improved and more reliable grid in which it has invested $116 million this year. In a release, JPS said a major part of the improvement will come from the construction of an […]
JPS’s Sheree Martin Prepares To Go Off JPS Grid
(Jamaica Observer, 11. Nov.2018) — Sheree Martin, JPS’ senior vice-president (SVP) for business development, has announced her resignation from the energy company, effective November 27, 2018. “JPS has been nothing short of a tremendous experience for growth and learning, in both a professional and personal capacity. I am grateful for […]