HANOVER, Jamaica – Operators of the Grand Palladium Resort and Spa in Hanover says that the facility is set to save over J$80 million in energy cost per year from the installation of a solar PhotoVoltaic (PV) power plant.
The solar power PV plant said to be the largest in Jamaica to date was unveiled at the hotel on Friday May 30.
According to the Spanish-based hotel, investment in the project totalled US$3.4 million and full return is projected after four years, with a US$21.9 million in energy savings over 30 years.
General Manager of Grand Palladium Jose Morgan, while addressing the official unveiling ceremony on Friday, said that his hotel was the first in Jamaica to embark on such an investment.
Morgan encouraged other companies able to undertake a similar investment to do so, “and in the end, it’s a win, win, your pocket will win, the tourism sector will win, Jamaica as a destination will win.”
Published in the Jamaica Observer
Read Full Article →