Chairman of Innovative Energy Group Limited Nigel Davy says the company has a growing project pipeline, valued at more than US$20 million, positioning it for stronger performance over the next 18 months.
Speaking at the company's recent annual general meeting, Davy noted that while Hurricane Melissa is expected to temper growth in the short term, the medium-term outlook remains positive.
He also highlighted the company's measured expansion into electric mobility as a key complementary growth area.
Davy said Innovative Energy has made a strategic entry into the electric golf cart and utility vehicle market, a move that aligns closer with its core solar and battery solutions.
He explained that the integration of clean energy generation with charging infrastructure creates added value, particularly for clients seeking on-site renewable power solutions.
Davy confirmed that the company has already begun offering a new line of electric golf utility vehicles in Jamaica and plans to expand regionally, citing rising demand from the tourism, residential and industrial real estate sectors.
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