Fairfield Solar Plant began operations today as one of the two solar plants in Grand Bahama developed by Lucayas Solar Power Ltd.
Fairfield is the first solar plant in The Bahamas financed by IDB Invest under a power purchase agreement (PPA) framework and will foster sustainable growth in the country through renewable energy.
The project is expected to cut over 5,000 tonnes of CO2 emissions per year and close to 150,000 tonnes over the 25-year life of the PPA.
