Nassau PV Energy Storage Policy

How does a comprehensive energy policy work in the Bahamas?

Our comprehensive energy policies work together to modernize our system and bring electricity prices down in The Bahamas. 70MW of solar power and 35MW of Battery Energy Storage Systems will be integrated into the existing grid.

Will the Bahamas build utility-scale solar power?

For the first time, The Bahamas is on the path to building utility-scale solar power across our islands. Large photovoltaic (PV) solar arrays will capture the energy from the sun and send it to our country’s electricity grid. What steps are required as The Bahamas moves forward with utility-scale solar power, and what are the costs?

Who supports solar power in the Bahamas?

This goal is supported by the Inter-American Development Bank (IDB) and the Bahamas Development Bank (BDB). Currently, solar power makes up less than 1% of all energy generated in The Bahamas. Oil is responsible for nearly all power generation with a 99% share of electricity production.

How does solar power work in the Bahamas?

Large photovoltaic (PV) solar arrays will capture the energy from the sun and send it to our country’s electricity grid. What steps are required as The Bahamas moves forward with utility-scale solar power, and what are the costs? Island-by-island planning. Every one of our inhabited islands is different, and requires a unique set of solutions.

How will the family Islands solar power system work?

Development of the four solar-fueled power systems will set the stage to scale the Family Islands solar program across the island chain’s outlying islands, as well as contribute to the Bahamas achieving a national goal of renewable energy resources meeting 30% of electricity needs by 2030.

How is the Bahamas reducing its energy monopoly?

The Bahamas has been taking steps to end the state-owned utility’s energy monopoly and reduce the energy sector’s carbon and environmental footprints in line with national and international greenhouse gas (GHG) emissions and climate change goals. Government leaders have earmarked $170 million for renewable energy financing in the 2019–2020 budget.