CB Group Ltd.

"It took an agricultural company to take the lead in solar energy" - Minister Green. We are proud to take the lead but happily welcome others to make bold moves toward sustainable, resilient, climate-smart technologies in Jamaica. https://lnkd.in/eA2y55jh

On May 7, 2024, we celebrated a new milestone on our journey. CB Group is now the largest corporate producer of renewable energy in Jamaica and one of the largest in the Caribbean. At Peninsula Farms, Linstead, home to some of our livestock and hatchery operations, we commissioned our latest solar project in collaboration with Soleco Energy. Surrounded by CBG family and our incredible partners, we unveiled four new solar PV power plants across Kingston, Clarendon, and St. Catherine. Their collective capacity of 2.1 MW marks the largest by an industrial company in Jamaica. While our foray into renewables dates back over a decade, the completion of this project takes our network’s total solar production to 3.8 MW. We are honoured to take yet another leap toward more sustainable food production, and a cleaner, greener Jamaica for generations to come.  If you know about our Group, you know that we’ve long been a big believer in sustainability; the concept drives a lot of the decisions and investments we’ve made and will continue to. We equally consider the impact on people, planet, and profit, and as our CEO, Matthew Lyn, shared at the event, if the decision is “good for one and not the other, generally it’s not going to happen.” We hope that this project inspires others. With its completion, CB Group will displace more than 285 tonnes of carbon from our operations every year, or about 5,000 tonnes over the next 20 years in our long-term approach to sustainable agriculture. It was our pleasure to have both The Honourable Daryl Vaz, Minister of Science, Energy and Technology and The Honourable Floyd Green, Minister of Agriculture, Fisheries and Mining join us. The occasion was not only a milestone for us at CB Group, but one for both sectors. With the Caribbean being one of the most vulnerable regions in the world, more cross-sector collaboration is a necessity to mitigate the challenges of climate change. We believe in agriculture and we believe in Jamaica, and that's why we continue to invest here. Oh, and fun fact! The solar plant at Peninsula Farms is the first in Jamaica to incorporate solar grazing - a concept of vegetation control through grazing livestock, without the need for harmful chemicals!

Our new solar plant at our @farmnutramix livestock feed plant is almost complete!   As a key supplier to the wider agricultural sector, we understand the importance of affordable, quality feeds for local food production. Unfortunately, the majority of feed production costs are vulnerable to global inflationary pressures. Imported raw materials like soy and corn are critical inputs, as is fuel for energy.   This off-grid solar solution will help mitigate shocks in energy costs and contribute both to energy security and food security.   Sustainably using natural resources like our abundant sunlight is the only way to reverse climate change and ensure that future generations will have access to these same resources later on.   #OneCBGroup #MakeADifference #SustainableAgrictulture #LiveSustainably