The Bahamas Renewable Energy Corporation Ltd. ("BREC") is a joint-venture between Nassau based WINSO Company Ltd. and Schneider Power Inc., a wholly owned subsidiary of Quantum Fuel Systems Technologies Worldwide Inc. (NASDAQ:QTWW).
We are a developer, owner, and operator of 3 contemplated renewable power generation facilities totaling 24 MW, enough to power over 25,000 homes. The Renewable Generation Portfolio is diversified across two technologies (wind and solar) and three islands (New Providence, Abaco and Harbour Island).
We are aiming to become a licensed Independent Power Producer (IPP) in a public-private partnership with the Bahamian Government and the Bahamas Electricity Corporation.
We provide knowledge, financing and maintain a large Retained Ownership interest in each project, with the goal of providing long-term energy security and reducing electricity costs in the Bahamas.
We are proud to be a member of the United Nations Global Compact.