The Government is targeting five New Providence locations for the installation of utility-scale renewable energy facilities, each featuring up to 20 MW of solar, to make up a maximum 100 MW of energy that would be sold to Bahamas Power & Light (BPL) - or what- ever entity. . The Government is targeting five New Providence locations for the installation of utility-scale renewable energy facilities, each featuring up to 20 MW of solar, to make up a maximum 100 MW of energy that would be sold to Bahamas Power & Light (BPL) - or what- ever entity. . The Government yesterday signed what is expected to be the first of several utility scale solar energy power purchase agreements (PPAs) for New Providence with Madeleine Solar Power. Prime Minister Philip Davis KC said the deal is “only the beginning” and the project will increase generation. . "The Government of The Bahamas is committed to a new energy era where modernized infrastructure, clean energy, and major reforms drive down costs and enhance reliability for all Bahamians. This transformation won't happen overnight, but its impact will be game-changing. Philip Edward. . The Minister of Energy and Transport the Hon. JoBeth Coleby-Davis said the expansion of utility scale solar projects on New Providence is an important reform.
The Emissions Surcharge will increase substantially compared to 2025, impacting all shipments to and from EU/EEA countries. The increase is driven by higher compliance costs under two key regulations: the EU Emissions Trading System (EU ETS) and the FuelEU Maritime Regulation (Fuel. . Between April 2nd and May 12th 2025, actions by the Trump administration on tariffs significantly altered the effective costs of goods imported from China, including battery systems, cells, and components. As of the end of May, there are still 30% tariffs on all goods entering the U. with China. . Maersk has reviewed Emissions surcharge (EMS/ESS) for Q1 2026, and the tariffs will be effective 01 January 2026. The kind of ESS includes batteries such as flow and lithium-ion batteries, thermal storage, compressed air, and mechanical storage like flywheels. This report is grounded in leading technology and material platforms, and it incorporates vital data on input. . Lithium carbonate prices have remained elevated and moved higher recently. Raw material prices for storage battery are expected to remain stable.