How can the Cayman Islands build climate resilience?

With a target of 70 percent renewable energy by 2037, the Cayman Islands is seeking to build climate resilience by purchasing clean energy for its electricity supply. The country established its first utility-scale solar project in 2017 through a power purchase agreement with renewable energy generated from the Bodden Town Solar Farm.

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.

Which energy sources are not included in Cayman?

Traditional biomass – the burning of charcoal, crop waste, and other organic matter – is not included. This can be an important energy source in lower-income settings. Cayman Islands: How much of the country’s energy comes from nuclear power? Nuclear energy – alongside renewables – is a low-carbon energy source.

Why did BMR invest in the Cayman Islands?

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. As the only existing utility-scale project, there is potential to expand the project to generate more renewable energy for the island.