Sir Richard Branson and BMR Energy: Champions of Renewable Energy Development & Growth Across the Caribbean

Sir Richard Branson spoke briefly, delivering remarks concerning Renewable Energy at an invitation only Cocktail Reception on the evening of day two, of the Caribbean Renewable Energy Forum (CREF2017) in Miami

Sir Richard Branson and BMR Energy: Champions of Renewable Energy Development & Growth Across the Caribbean

Sir Richard Branson spoke briefly, delivering remarks concerning Renewable Energy at an invitation only Cocktail Reception on the evening of day two, of the Caribbean Renewable Energy Forum (CREF2017) in Miami.

The reception with Sir Richard was hosted by Virgin Investments and BMR Energy.

CREF 2017 once again brought together stakeholders from across the region and also from other parts of the world, to drive the acceleration of clean energy projects.

Sir Richard's Virgin Investments and BMR Energy have indicated that they are "dedicated to driving a collaborative approach to increased implementation of renewables across the Caribbean."

BMR Energy through its subsidiary BMR Jamaica is currently operating a US$88.9 million wind farm, high in the Santa Cruz Mountains of St Elizabeth, Jamaica. Under the 20-year purchase agreement, this 36.3 megawatt (MW) wind farm sells to the JPS Grid at 12.9 US cents per kilowatt hour (KW).

This project came about in response to the Jamaican government's efforts to reduce dependence on fossil fuel based energy, with a view to move towards renewable energy sources. The Jamaica plan is to be 20% Renewable Energy dependent by 2030.

Speaking on the BMR Jamaica wind farm, Sir Richard said; "The BMR Wind Farm is a hugely positive step forward. Here’s to building and investing in more projects and continuing to improve the environment."

BMR Energy is active throughout the Caribbean and Latin America. Besides Jamaica, they also operate a solar farm in Guatemala, with projects under development in other locations across the Caribbean basin.

The evening of cocktails and networking at CREF2017 also saw Bruce Levy, CEO of BMR Energy making brief opening remarks.

The event was attended by champions from governments, utilities, the private and the non-profit sector, the media, and other key invited stakeholders who all support the notion that together progress can be driven to deliver sustainable outcomes.

View a presentation made by Sir Richard at the reception: