Grand Cayman Solar Hybrid Power Project is a 23MW solar PV power project. It is planned in Grand Cayman, Cayman Islands. According to GlobalData, who tracks and profiles over 170,000 power plants worldwide, the project is currently at the announced stage. It will be developed in a single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025. Buy the profile here.
The project is being developed and currently owned by Caribbean Utilities. The company has a stake of 100%.
Grand Cayman Solar Hybrid Power Project is a ground-mounted solar project.
The project cost is expected to be around $32.379m.
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.
For more details on Grand Cayman Solar Hybrid Power Project, buy the profile here.
About Caribbean Utilities
Caribbean Utilities Co Ltd (CUC) is a vertically integrated electricity utility. Through licenses with the Cayman Islands Government, the company generates, transmits, and distributes electricity. It produces electricity from diesel and lubricant oil. CUC’s power utility system includes diesel engines, gas turbines, and steam turbines; and mobile units. It uses diesel fuel imported from the refineries in the Caribbean and the Gulf of Mexico. Through Consumer Owned Renewable Energy program, CUC generates electricity from renewable sources; and through Energy Smart, and Energy Conservation solutions, it provides know-how on energy saving. The company serves commercial, residential, and other customers in the Island. CUC is headquartered in Grand Cayman, Cayman Islands, the UK.