Beautiful Virgin Islands

Monday, Oct 06, 2025

Power52 awarded contract to develop renewable energy project on Anegada. No set start date, no delivery date (as its never important in BVI as long the payment goes anyway)

Power52 awarded contract to develop renewable energy project on Anegada. No set start date, no delivery date (as its never important in BVI as long the payment goes anyway)

US-based solar energy company Power52 has been awarded the contract to complete the Anegada Hybrid Renewable Energy & Battery Energy Storage System project on the sister island.

Speaking at a media conference on Friday, Chairwoman of the BVI Electricity Corporation (BVIEC) Rosemarie Flax said Power52 was the successful bidder from among four other competitors.

Each party was made to submit two separate bids for the options to provide services to either engineer, procure, and construct (EPC) or have a power purchase agreement (PPA).

While the BVIEC has not yet decided which of the two options they will be advancing with, Chairwoman Flax said Power52 had the most appealing proposal in both categories.

She said: “Power52 EPC price for $4,687,944.72 was the lowest cost presented for the project at $1.59 watt, substantially lower than most of the other bidders. Additionally, their PPA rate of 22 cents was also much lower by 14 cents in comparison to the closest competitor.”


Criteria rated out of 100

Flax also detailed the criteria from which the bids submitted for the project were judged. She said the categories were all rated for a total of 100 points.

These categories included qualifications and experience, technical proposal, contractual cost, engineer procure and construct, power purchase agreement, and diesel offset.

“Following this grading scenario for the EPC scenario, Advance Solar Products received 72 points, MAN-HEG received 74 points, Power52 received 81 points, Tugliq Option 1 received 63 points, Tugliq Option 2 received 55 points, and Virtual Engineers received 48 points,” she stated.

“For the PPA scenario Advance Solar Products received 76 points, MAN-HEG received 53 points, Power52 received 81 points, Tugliq Option 1 received 78 points, Tugliq Option 2 received 73 points, and Virtual Engineers received 52 points,” she further detailed.


Cost not only factor in rating Power52

Meanwhile, General Manager of the BVIEC Leroy Abraham said the decision to choose Power52 was not only weighed by cost.

He said: “SMA, which is a major player in the space of renewable energy, has teamed with Power52 to develop the project and some proprietary work in terms of power management system, which was quite ingenious in terms of how they are going to coordinate both the battery, the solar and the diesels were quite innovative.”

“All of those parameters in addition to cost were able to bump them up higher than everyone else,” he added.

No date has been set for the commencement of the project due to the COVID-19 pandemic, but Chairwoman Flax has said it is the BVIEC’s desire to have the project completed and commissioned prior to the 2021 Anegada Lobster Fest.

Newsletter

Related Articles

Beautiful Virgin Islands
0:00
0:00
Close
Munich Airport Reopens After Second Drone Shutdown
France Names New Government Amid Political Crisis
Trump Stands Firm in Shutdown Showdown and Declares War on Drug Cartels — Turning Crisis into Opportunity
Surge of U.S. Billionaires Transforms London’s Peninsula Apartments into Ultra-Luxury Stronghold
Pro Europe and Anti-War Babiš Poised to Return to Power After Czech Parliamentary Vote
Jeff Bezos Calls AI Surge a ‘Good’ Bubble, Urges Focus on Lasting Innovation
Japan’s Ruling Party Chooses Sanae Takaichi, Clearing Path to First Female Prime Minister
Sean ‘Diddy’ Combs Sentenced to Fifty Months in Prison Following Prostitution Conviction
Taylor Swift’s ‘Showgirl’ Launch Extends Billion-Dollar Empire
Trump Administration Launches “TrumpRx” Plan to Enable Direct Drug Sales at Deep Discounts
Trump Announces Intention to Impose 100 Percent Tariff on Foreign-Made Films
Altman Says GPT-5 Already Outpaces Him, Warns AI Could Automate 40% of Work
Singapore and Hong Kong Vie to Dominate Asia’s Rising Gold Trade
Trump Organization Teams with Saudi Developer on $1 Billion Trump Plaza in Jeddah
Manhattan Sees Surge in Office-to-Housing Conversions, Highest Since 2008
Switzerland and U.S. Issue Joint Assurance Against Currency Manipulation
Electronic Arts to Be Taken Private in Historic $55 Billion Buyout
Thomas Jacob Sanford Named as Suspect in Deadly Michigan Church Shooting and Arson
Russian Research Vessel 'Yantar' Tracked Mapping Europe’s Subsea Cables, Raising Security Alarms
New York Man Arrested After On-Air Confession to 2017 Parents’ Murders
U.S. Defense Chief Orders Sudden Summit of Hundreds of Generals and Admirals
Global Cruise Industry Posts Dramatic Comeback with 34.6 Million Passengers in 2024
Trump Claims FBI Planted 274 Agents at Capitol Riot, Citing Unverified Reports
India: Internet Suspended in Bareilly Amid Communal Clashes Between Muslims and Hindus
Supreme Court Extends Freeze on Nearly $5 Billion in U.S. Foreign Aid at Trump’s Request
Archaeologists Recover Statues and Temples from 2,000-Year-Old Sunken City off Alexandria
China Deploys 2,000 Workers to Spain to Build Major EV Battery Factory, Raising European Dependence
Speed Takes Over: How Drive-Through Coffee Chains Are Rewriting U.S. Coffee Culture
U.S. Demands Brussels Scrutinize Digital Rules to Prevent Bias Against American Tech
Ringo Starr Champions Enduring Beatles Legacy While Debuting Las Vegas Art Show
Private Equity’s Fundraising Surge Triggers Concern of European Market Shake-Out
Colombian President Petro Vows to Mobilize Volunteers for Gaza and Joins List of Fighters
FBI Removes Agents Who Kneeled at 2020 Protest, Citing Breach of Professional Conduct
Trump Alleges ‘Triple Sabotage’ at United Nations After Escalator and Teleprompter Failures
Shock in France: 5 Years in Prison for Former President Nicolas Sarkozy
Tokyo’s Jimbōchō Named World’s Coolest Neighbourhood for 2025
European Officials Fear Trump May Shift Blame for Ukraine War onto EU
BNP Paribas Abandons Ban on 'Controversial Weapons' Financing Amid Europe’s Defence Push
Typhoon Ragasa Leaves Trail of Destruction Across East Asia Before Making Landfall in China
The Personality Rights Challenge in India’s AI Era
Big Banks Rebuild in Hong Kong as Deal Volume Surges
Italy Considers Freezing Retirement Age at 67 to Avert Scheduled Hike
Italian City to Impose Tax on Visiting Dogs Starting in 2026
Arnault Denounces Proposed Wealth Tax as Threat to French Economy
Study Finds No Safe Level of Alcohol for Dementia Risk
Denmark Investigates Drone Incursion, Does Not Rule Out Russian Involvement
Lilly CEO Warns UK Is ‘Worst Country in Europe’ for Drug Prices, Pulls Back Investment
Nigel Farage Emerges as Central Force in British Politics with Reform UK Surge
Disney Reinstates ‘Jimmy Kimmel Live!’ after Six-Day Suspension over Charlie Kirk Comments
U.S. Prosecutors Move to Break Up Google’s Advertising Monopoly
×