Gas station to go solar
NEARLY TWO dozen companies have expressed an interest in bidding for the contract to transition Joseph Issa's Cool Corporation from dependence on Jamaica Public Service Company (JPS) power to solar energy, a project that could cost up to US$3.2 million.
Cool pays JPS millions of dollars annually for electricity and wants to reduce that figure drastically.
Representatives from interested companies met with Issa and his team in Ocho Rios last week to discuss the project, following Cool Corp's request for proposal (RFP) publication.
The project will see all Cool Corp entities, including Cool Oasis service stations across the island and various commercial buildings, being powered by solar energy.
The project is expected to begin later this year upon announcement of a successful bidder, and should be completed in approximately 12 to 24 months.
The meeting, which Andrew McKay, group financial controller, described as fruitful, sought to ensure that a level playing field was being offered to the bidders who, he emphasised, need to be creative, efficient, and have an excellent track record with their existing customers.
McKay told The Gleaner that the plan is to implement two crucial elements.
"We want to implement two things - first, energy-efficiency measures which will allow us to reduce our energy cost; and second, having implemented those things, we want to generate energy using renewable sources primarily from solar energy," McKay explained.
"We are looking at a broad scale application of these energy-efficiency and renewable-energy opportunities as best as possible, as far-reaching as possible, to all units in the Cool group."
McKay said the company would still be using JPS power, but is trying to see how best they can utilise their renewable-energy systems to reduce dependency on the power-supply company.