What is Grand Cayman's first commercial solar project?

Grand Cayman's first commercial solar project, a 5 MW Solar Farm, was completed and commissioned in 2017. It is connected to the Company's Bodden Town Substation and provides energy to power approximately 800 homes with clean renewable solar energy.

What are the benefits of solar power in the Cayman Islands?

Supplies sufficient power to Caribbean Utilities Company, Ltd. to serve 1,800 homes in the Cayman Islands. Reduces greenhouse gas emissions by 7,900 tons of CO2 per year. Serves as the country’s only utility-scale solar project, providing renewable energy to the grid’s peak load of 110 MW.

Is Cayman the perfect place to harness solar energy?

Significant improvements are being made in the solar energy industry every year and Cayman is the perfect location to harness the power of the sun. Solar energy can be harvested in two ways: solar photovoltaic (PV), which converts sunlight into electricity and solar thermal, which heats water.

Are solar panels duty-free in Cayman?

However, renewable energy equipment, such as solar panels, are in fact duty-free for residential homeowners. Although Cayman enjoys over 300 days of sunshine, you will need to consider an alternative source of power should there be no sun. One such option is the Tesla Powerwall battery.

Who produces electricity in the Cayman Islands?

Electricity in the Cayman Islands is produced by the Caribbean Utilities Company, Ltd, which relies on imported diesel fuels. Caribbean Utilities Company, Ltd has 17 diesel units, one gas turbine, and two steam turbines to produce electricity. CUC generating unit boast of 161 MW.

Why did Bodden Town solar move to the Cayman Islands?

The original developers of the Bodden Town Solar facility sought to exit the Caribbean market once the plant entered service. BMR seized the opportunity to establish operations in the Cayman Islands, expanding the footprint of its business and positioning itself for further growth in this important market.