Background

As part of the Government of Jamaica’s (GOJ) expressed desire to promote the implementation of energy efficiency and conservation practices, the GOJ through the Development Bank of Jamaica (DBJ) made available J$1 Billion to be lent to Small and Medium Size Enterprises (SME’s).  The Project named the “DBJ-PetroCaribe Energy Line of Credit for SME” will be distributed by Approved Financial Institutions (AFIs) (Commercial Banks, Credit Unions and P.C. Banks) to SME members after completing an Energy Audit done by an approved Auditor from the Petroleum Corporation of Jamaica.

The University of Technology was invited to be a partner in the project to establish the Jamaica Society of Energy Engineers and to train persons as Certified Energy Managers expected to do the energy audits on the SME. The other members of the partnership are Development Bank of Jamaica (DBJ), Jamaica Trade and Invest (JTI), and Petroleum Corporation of Ja...
[+] Read More