Powering Industries
Globally
Through Mission-Critical, Sustainable
Energy Generation & Storage Solutions
Explore

About Us

From a modest local lead-acid battery manufacturer in 1950 to an international enterprise in sustainable energy generation and storage.

Who We Are

Founded in 1950, Tropical brings over 75 years of expertise in energy storage across the Caribbean and beyond. We deliver sustainable energy and automotive solutions, now expanding into electric mobility to drive the future of clean transportation, including in the U.S.

Our Vision

To be a global leader in safe, high-quality, and sustainable energy storage, powering the shift to renewables and electric mobility through innovation, education, and environmental stewardship.

Our Mission

To relentlessly pursue advancements in energy technology, to protect our planet and people through sustainable practices and to deliver mission-critical and lifesaving energy solutions.

INDUSTRIES
WE POWER

Internet of Things (IoT)

With 250,000+ units deployed, we power IoT devices with ultra-reliable batteries -enabling smart cities, industrial systems, and remote monitoring worldwide.

Internet of Things (IoT)

With 250,000+ units deployed, we power IoT devices with ultra-reliable batteries -enabling smart cities, industrial systems, and remote monitoring worldwide.

Drones & Robotics

Powering aerial, ground, and sub-surface systems, Rose Batteries delivers precision energy solutions for robotics and drones with unmatched endurance and reliability.

Smart Grid

Our energy storage solutions enhance grid resilience, support renewables, and ensure real-time, reliable power - even under extreme environmental stress.

Medical Class I & II

We provide dependable, long-life battery solutions for Class I & II medical devices - ensuring safe, uninterrupted care from hospitals to home use.

Military

Trusted by defense agencies globally, our batteries are built for resilience and performance in tactical operations and extreme environments.

Oceanographic

From sensors to marine vehicles, our rugged battery systems perform in the harshest ocean conditions—supporting vital research, exploration, and data collection.

UPS

Our batteries deliver backup power to critical systems, from satellites to emergency aviation—ensuring seamless operation when the grid goes down.

Intrinsic Safety

Designed for hazardous environments, our batteries meet strict safety standards—delivering ignition-proof power for oil, gas, mining, and chemical industries.

Iridium Device

We provide high-performance batteries for Iridium satellite systems—ensuring secure, global communications in the world’s most remote regions.

LoRA Technology

We power LoRa, BLE, and mesh networks with compact, durable batteries—enabling low-power, long-range connectivity in even the most remote areas.

Rail

We provide long-lasting, high-performance batteries for braking, signaling, and rail infrastructure—keeping transit systems efficient, safe, and running smoothly.

Emergency Response

Rose Batteries powers mission-critical gear for first responders - keeping communication, medical, and lighting equipment ready when it matters most.

Internet of Things (IoT)

With 250,000+ units deployed, we power IoT devices with ultra-reliable batteries -enabling smart cities, industrial systems, and remote monitoring worldwide.

Drones & Robotics

Powering aerial, ground, and sub-surface systems, Rose Batteries delivers precision energy solutions for robotics and drones with unmatched endurance and reliability.

Smart Grid

Our energy storage solutions enhance grid resilience, support renewables, and ensure real-time, reliable power - even under extreme environmental stress.

Medical Class I & II

We provide dependable, long-life battery solutions for Class I & II medical devices - ensuring safe, uninterrupted care from hospitals to home use.

Military

Trusted by defense agencies globally, our batteries are built for resilience and performance in tactical operations and extreme environments.

Oceanographic

From sensors to marine vehicles, our rugged battery systems perform in the harshest ocean conditions—supporting vital research, exploration, and data collection.

UPS

Our batteries deliver backup power to critical systems, from satellites to emergency aviation—ensuring seamless operation when the grid goes down.

Intrinsic Safety

Designed for hazardous environments, our batteries meet strict safety standards—delivering ignition-proof power for oil, gas, mining, and chemical industries.

Iridium Device

We provide high-performance batteries for Iridium satellite systems—ensuring secure, global communications in the world’s most remote regions.

LoRA Technology

We power LoRa, BLE, and mesh networks with compact, durable batteries—enabling low-power, long-range connectivity in even the most remote areas.

Rail

We provide long-lasting, high-performance batteries for braking, signaling, and rail infrastructure—keeping transit systems efficient, safe, and running smoothly.

Emergency Response

Rose Batteries powers mission-critical gear for first responders - keeping communication, medical, and lighting equipment ready when it matters most.

Here’s why you should
Invest in tropical battery

Tropical Battery continues to power the future. This SPO is your chance to be a part of that momentum.

MEET THE VISIONARIES OF
TROPICAL BATTERIES

MEET THE VISIONARIES OF TROPICAL BATTERIES

Bringing together the brightest minds from across our subsidiaries, our leadership team is dedicated to innovation, sustainability, and driving our vision forward for a brighter energy future. 

BOARD
OF DIRECTORS

OUR HISTORY, PRESENT
& FUTURE OUTLOOK

From a humble, and local lead acid battery manufacturer in 1950, to an
international, sustainable energy generation and storage enterprise.

1950

A 74-year old Legacy in the Making

Founding of Tropical Battery

Tropical Battery Co. Ltd. was founded in 1950 by Tex Williams, an American businessman in Kingston, Jamaica. In its humble beginnings, Tropical Battery started as a local manufacturer of lead acid storage batteries.

1967

Strategic Shift into Distribution

Acquisition of Tropical by the Melville Family

Acquired by John Melville in 1967, the company quickly evolved under the Melville family’s guidance, shifting its focus from manufacturing to distribution in the 1990s. This strategic pivot allowed Tropical Battery to expand its offerings and establish itself as a critical player in the Caribbean energy storage market.

2020

From Family-Owned to Publicly Traded

Listing on the Junior Jamaican Stock Exchange

In September 2020, Tropical Battery made a historic transition from a family-owned business to a publicly traded company by listing on the Junior Market of the Jamaica Stock Exchange (JSE). This pivotal moment provided the company with greater access to capital, fueling its expansion into new markets and technologies. The listing marked a new era of growth and innovation for Tropical Battery, reinforcing its commitment to becoming a regional leader in energy solutions while maintaining its legacy of excellence.

2023

Leading the Caribbean’s Solar Energy Revolution

Acquisition of Kaya Energy Group

This strategic acquisition not only allowed Tropical Battery to enter a market five times larger than Jamaica but also helped diversify its product lines. By expanding into renewable energy, Tropical Battery is strengthening its commitment to clean energy adoption and geographic growth across the Caribbean.

FY Q2 2024

Integrating Mission-Critical Energy Storage

Acquisition of Rose Batteries

In early 2024, Tropical Battery acquired Rose Batteries, a Silicon Valley-based leader in mission-critical energy storage solutions. Specializing in custom battery packs for industries such as aerospace, defense, medical devices, and industrial automation, this acquisition gave Tropical Battery a strong foothold in the U.S. market. It also aligned the company with Silicon Valley’s cutting-edge technology ecosystem.

FY Q1 2025

A New Era of Financial Leadership

Movement to the Main Jamaican Stock Exchange

Tropical is raising capital through a secondary invitation which will play a pivotal role in its future expansion into the US market. Since its initial listing in 2020, Tropical Battery has achieved significant milestones:

  • Geographically diversifying its operations, and revenue from Jamaica into the United States, and the Dominican Republic.
  • Strategically diversifying its product portfolio.
  • More than tripling its revenue from $1.8 billion in 2020 to $5.7 billion (JMD) by 2024.
  • Consistently paying 30%-50% of its profit to shareholders.

This transition is more than a change in listing status; it is a powerful endorsement of Tropical Battery’s financial stability, growth trajectory, and strategic direction.

1950

A 74-year old Legacy in the Making

Founding of Tropical Battery

Tropical Battery Co. Ltd. was founded in 1950 by Tex Williams, an American businessman in Kingston, Jamaica. In its humble beginnings, Tropical Battery started as a local manufacturer of lead acid storage batteries.

1967

Strategic Shift into Distribution

Acquisition of Tropical by the Melville Family

Acquired by John Melville in 1967, the company quickly evolved under the Melville family’s guidance, shifting its focus from manufacturing to distribution in the 1990s. This strategic pivot allowed Tropical Battery to expand its offerings and establish itself as a critical player in the Caribbean energy storage market.

2020

From Family-Owned to Publicly Traded

Listing on the Junior Jamaican Stock Exchange

In September 2020, Tropical Battery made a historic transition from a family-owned business to a publicly traded company by listing on the Junior Market of the Jamaica Stock Exchange (JSE). This pivotal moment provided the company with greater access to capital, fueling its expansion into new markets and technologies. The listing marked a new era of growth and innovation for Tropical Battery, reinforcing its commitment to becoming a regional leader in energy solutions while maintaining its legacy of excellence.

2023

Leading the Caribbean’s Solar Energy Revolution

Acquisition of Kaya Energy Group

This strategic acquisition not only allowed Tropical Battery to enter a market five times larger than Jamaica but also helped diversify its product lines. By expanding into renewable energy, Tropical Battery is strengthening its commitment to clean energy adoption and geographic growth across the Caribbean.

FY Q2 2024

Integrating Mission-Critical Energy Storage

Acquisition of Rose Batteries

In early 2024, Tropical Battery acquired Rose Batteries, a Silicon Valley-based leader in mission-critical energy storage solutions. Specializing in custom battery packs for industries such as aerospace, defense, medical devices, and industrial automation, this acquisition gave Tropical Battery a strong foothold in the U.S. market. It also aligned the company with Silicon Valley’s cutting-edge technology ecosystem.

FY Q1 2025

A New Era of Financial Leadership

Movement to the Main Jamaican Stock Exchange

Tropical is raising capital through a secondary invitation which will play a pivotal role in its future expansion into the US market. Since its initial listing in 2020, Tropical Battery has achieved significant milestones:

  • Geographically diversifying its operations, and revenue from Jamaica into the United States, and the Dominican Republic.
  • Strategically diversifying its product portfolio.
  • More than tripling its revenue from $1.8 billion in 2020 to $5.7 billion (JMD) by 2024.
  • Consistently paying 30%-50% of its profit to shareholders.

This transition is more than a change in listing status; it is a powerful endorsement of Tropical Battery’s financial stability, growth trajectory, and strategic direction.

Offer
Details

Investing in preference shares involves risk. The Prospectus contains information you should know before investing, including information about risks. Applicants should read the Prospectus, including the risk disclosures set forth in the Prospectus and consult your broker or other investment professionals before making an investment decision.

Opening Date:

May 22, 2025

Closing Date:

June 6, 2025

Share Allotment

954,545,455

Ordinary Shares

JMD$1.87

Per Share

Reserved Share Applicants

267,379,679

Ordinary Shares

JMD$1.87

Per Share

ABOUT THE
COMPANIES

Introduction

Founded in 1950, in Kingston, Jamaica, Tropical Battery. has grown into a premier provider of energy storage and automotive solutions. With a focus on innovation and sustainability, we serve a diverse range of industries, and hold 60% market share in the energy storage and automotive battery markets across Jamaica and the broader Caribbean.

Introduction

KAYA Energy Group has been a leader in the Caribbean solar energy sector for nearly 15 years, dedicated to advancing sustainability, renewable energy, and energy efficiency. We provide end-to-end services for medium to large-scale solar projects, ensuring a seamless transition to energy independence through our comprehensive expertise in:

Introduction

Founded in 1963, Rose Batteries is a leading battery design and manufacturing company based in Silicon Valley, with high-volume manufacturing capabilities in Mexico. With over 60 years of experience, we specialize in providing mission-critical battery solutions, covering all major battery chemistries, from Lithium-Iron to Sealed Lead.

DOWNLOAD OUR
PROSPECTUS

The Tropical Battery Secondary Public Offering Prospectus provides in-depth insights into our business strategy, financial outlook, and expansion plans. With clear details about the offering, the prospectus equips you with the knowledge to make informed investment decisions.

Financial
Overview

Financial Snapshot 2023 vs 2024 (JMD)

Edit Content
REVENUE
0 B

YOY Increase

143.6%

Gross Profit
0 M

YOY Increase

172.6%

EBIDTA
0 M

YOY Increase

272.8%

Net income
0 M

YOY Increase

212.5%

Return on equity (ROE)
0 %
Edit Content
REVENUE
0 B

YOY Increase

143.6%

Gross Profit
0 M

YOY Increase

172.6%

EBIDTA
0 M

YOY Increase

272.8%

Net income
0 M

YOY Increase

212.5%

Return on equity (ROE)
0 %
Edit Content
REVENUE
0 B

YOY Increase

143.6%

Gross Profit
0 M

YOY Increase

172.6%

EBIDTA
0 M

YOY Increase

272.8%

Net income
0 M

YOY Increase

212.5%

Return on equity (ROE)
0 %
REVENUE
0 B

YOY Increase

212.5%

REVENUE
0 B

YOY Increase

212.5%

REVENUE
0 B

YOY Increase

212.5%

REVENUE
0 B

YOY Increase

212.5%

COMPANIES

Bringing together the brightest minds from across our subsidiaries, our leadership
team is dedicated to innovation, sustainability, and driving our vision forward for
a brighter energy future.

COMPANIES

Bringing together the brightest minds from across our subsidiaries, our leadership
team is dedicated to innovation, sustainability, and driving our vision forward for
a brighter energy future.

*Adjusted for non-recurring acquisition related costs

Financial Snapshot 2020 to 2024 (JMD)

*Adjusted for non-recurring acquisition related costs

A WORD FROM
BUSINESS LEADERS

OUR PARTNERS

LEAD ARRANGER

co-broker

co-broker

Powering lives, communities, and industries globally with sustainable energy and mission-critical solutions since 1950.

Marc Melville, OD.

About

Marc Melville has over 31 years’ experience in the business of the group, starting with his tenure at Tropical Battery on April 1, 1996 where he was committed to learning the business “from the ground up”. Marc rose to hold the position of General Manager and is currently the Chairman of Tropical Battery where he is responsible for strategic planning.

Marc is also the CEO of the Chukka Group, with operations in Jamaica, Belize, Cayman, Barbados, Turks and Caicos. Marc has been a member of the Board of the Jamaica Tourist Board since 2013.

Marc Ramsay, Esq.

About

Marc Ramsay joined the Board of Tropical Battery on January 13, 2020. Marc is an Attorney-at-Law called to the Bar in Barbados, Jamaica, and Belize and a Professionally Accredited Corporate Secretary and Professionally Accredited Director (GovStrat).

As Managing Partner of Ramsay & Partners, Attorneys-at-Law, his practice focuses on mergers and acquisitions, finance, and international trade, including advising Diverze Assets Inc, Tropical Battery Company Limited and the Chukka group. He is an Approved Mentor by the Jamaica Stock Exchange.

Marc has served on several private and public sector boards including One Great Studio Limited, Aeronautical Telecommunications Limited (AEROTEL), Jamaica Civil Aviation Authority, Teacher Services Commission, and Key Insurance Company Limited.

Passionate about service, Marc was Chairman of the Kingston and St. Andrew Parish Library Service Advocacy Committee, an Adjunct Lecturer at the University of the West Indies Faculty of Law, and coach to the international law mooting team at the Norman Manley Law School.

Ricardo Hutchinson, MSc, CFA.

About

Ricardo Hutchinson joined the Board of Tropical Battery on June 2, 2017. Ricardo has more than 10 years’ experience in the Caribbean banking sector providing corporate banking and capital markets solutions to clients across the Caribbean region.

Before joining Portland Private Equity, Ricardo held the role of Associate Director of Investment Banking with a leading regional commercial bank where he was responsible for leading the structuring and successful placement of several capital markets transactions. He holds a Master of Science degree in Economics from the University of the West Indies and is a Chartered Financial Analyst (CFA) holder.

Jody Gager-Rose, MBA, FCCA, FCA.

About

Jody Gager-Rose is a distinguished finance professional with over 21 years of experience in accounting, including 9 years at a senior management level. She holds a Masters of Business from Heriot-Watt University and is a Fellow Chartered Certified Accountant and a Fellow of the Institute of Chartered Accountants of Jamaica.Jody’s expertise lies in International Financial Reporting Standards (IFRS), with a proven track record in preparing standalone and consolidated financial statements, particularly within the travel, leisure, and tourism sectors.

Her career highlights include her tenure as Chief Financial Officer, where she oversaw the accounting, purchasing, and IT departments. At a Big Four audit firm, Jody rose to the position of Director, where she supported audit business operations across the Caricom region.Her accomplishments have been acknowledged with awards such as Manager of the Year for 2011/2012 and the Sushil Jain Award for her academic achievements.

Andrew Cramer, MIA.

About

Mr. Andrew Cramer is a co-founder and COO of KAYA and oversees project development and implementation processes. He is a frequent speaker at regional energy and technology conferences including the MIT Technology Review’s EmTech and the Caribbean Renewable Energy Forum – on topics including the role disruptive technologies like machine learning will play in the renewable energy industry.

Before KAYA, Mr. Cramer worked with the United Nations as a post-conflict electoral consultant in countries including Timor-Leste, Nepal, Sudan, Comoros, Afghanistan, and Libya.

In 2017, Mr. Cramer was selected to be among 90 thought leaders from around the world to participate in a program – funded by Google and based on the NASA Ames Research Facility in Silicon Valley – to examine how exponential technologies can be leveraged to address the negative impacts of climate change. Mr. Cramer has a degree in Environmental Sciences from Loyola University Chicago and a Master of International Affairs from Columbia University.

Stacy-Ann Spence, BSc.

About

Stacy-Ann has been a part of the Tropical Battery family for close to 9 years. Her portfolio includes direct oversight of our warehouse distribution, Battery Recycling & Export coordination, Occupational Health & Safety, Corporate Social Responsibility, Administration & Maintenance Management and overall general operations.

Stacy-Ann graduated from the University of the West Indies with honours in 2012 with a Bachelor of Science Degree in Labour & Employment Relations.

Reshando Mais, MBA.

About

Reshando joined Tropical Battery Company Limited in July 2017 in the capacity of Financial Controller. He is responsible for the accounting and financial operations of the company which includes, generating and reporting periodic financial statements by International Financial Reporting Standards.

He is a graduate of Northern Caribbean University and the University of the Commonwealth Caribbean, where he obtained a Bachelor of Science Degree in Business Administration with an emphasis in Accounting and a Commonwealth Executive Master of Business Administration respectively.

He has over 10 years of experience in accounting, external audit, real estate industry and merchandising.

Oliver Hill, MSc.

About

Oliver Hill is CEO of Tropical Renewable Energy, Tropical Mobility, and Tropical Finance, majority-owned subsidiaries established in 2022 to facilitate the transition to sustainable energy and transport. Oliver brings nearly two decades of experience in mergers and acquisitions intelligence and consulting across Latin America and the Caribbean.

Before joining Tropical Battery, he worked as a consultant with the Inter-American Development Bank, where he supported the energy, water, and state modernization portfolios. Oliver holds a Bachelor of Science from Cornell University and a Master of Science from Columbia University.

David Walton, BSc.

About

David joined our Management Team in August 2021 in the capacity of Director of Sales & Marketing. David is an innovative commercial leader with a background in both Sales & Marketing. With over 20 years of experience as a team lead for commercially successful brands, in the alcoholic beverage and FMCG industries, as well as entrepreneurial ventures in the Entertainment & Hospitality Industry, David has consistently built brands and delivered commercial results.

J Jeffrey Brown, BSc.

About

Jeffrey Brown is a seasoned IT professional with over 18 years of experience in managing and maintaining complex network infrastructure, hardware, and software systems. Throughout his career, he has demonstrated a strong ability to support and optimize operations for a variety of organizations in Jamaica. Jeffrey has been with Tropical Battery since February 2023, he oversees the entire IT infrastructure, administers LAN and wireless (WAN) networks and leads project management initiatives. Jeffrey’s career trajectory demonstrates a deep dedication to the IT field. He has consistently developed his skills and taken on increasingly complex roles, showcasing his ability to adapt and thrive in different environments. With his comprehensive knowledge, technical expertise, and leadership qualities, Jeffrey Brown is a valuable asset to any organization requiring a reliable and efficient IT manager.

More Info

As a Silicon Valley pioneer, we collaborate with the brightest minds to develop frontier technologies, ensuring our batteries meet the highest reliability standards for advanced applications, including:

  • Autonomous vehicles for deliver
  •  CubeSats for global communication
  • Propagation prevention for 1KWh+ batteries
  • Intrinsically safe designs for explosive environments
  • Exoskeletons for paraplegics
  • Navigation systems for neurosurgery

Rose Batteries prides itself on its rigorous standards, holding ISO-9001:2015 certification along with other key industry certifications like UN 38.3, IEC 62133, and UL, CSA, MSHA, etc.

Explore Our Impact on the Jamaican Energy Market

More Info

We specialize in designing and installing high-performance photovoltaic systems built to withstand the Caribbean’s harsh weather conditions. 

We offer comprehensive project development and financial structuring tailored to your specific needs, and site requirements.

Operations, Maintenance, & Optimization:KAYA provides ongoing operations, maintenance, and optimization services, guaranteeing long-term performance and a high return on your solar investment.

Our low-maintenance, fully automated energy storage systems are designed to integrate seamlessly with your solar infrastructure, providing reliable power even during grid disruptions.

Explore Our Impact on the Jamaican Energy Market

More Info

We offer comprehensive services including battery installation, free electrical testing, battery repairs, on-site battery replacement, tyre installation, and expert advice. Our Mobile Response Unit ensures minimal downtime by delivering services directly to your business location.

Tropical Battery also provides a wide array of products such as automotive and industrial batteries, inverters, solar panels, coolants, car-care accessories, brake fluid, and engine oils. Our products are designed to meet the highest standards of reliability and efficiency.

Committed to sustainability, Tropical Battery leads in the renewable energy sector with advanced lithium-iron phosphate batteries and solar solutions. We also manage robust recycling programs,  approved by the Jamaica National Environmental Protection Agency and the environmental protection agencies of the countries where the recycling facilities are located.

Explore Our Impact on the Jamaican Energy Market

Jody Gager Rose, MBA, FCCA, FCA.

About

Jody Gager-Rose is a distinguished finance professional with over 21 years of experience in accounting, including 9 years at a senior management level. She holds a Masters of Business from Heriot-Watt University and is a Fellow Chartered Certified Accountant and a Fellow of the Institute of Chartered Accountants of Jamaica.

Jody’s expertise lies in International Financial Reporting Standards (IFRS), with a proven track record in preparing standalone and consolidated financial statements, particularly within the travel, leisure, and tourism sectors. Her career highlights include her tenure as Chief Financial Officer, where she oversaw the accounting, purchasing, and IT departments. At a Big Four audit firm, Jody rose to the position of Director, where she supported audit business operations across the Caricom region.

Her accomplishments have been acknowledged with awards such as Manager of the Year for 2011/2012 and the Sushil Jain Award for her academic achievements.

Andrew Cramer, MIA.

About

Mr. Andrew Cramer is a co-founder and COO of KAYA and oversees project development and implementation processes. He is a frequent speaker at regional energy and technology conferences including the MIT Technology Review’s EmTech and the Caribbean Renewable Energy Forum – on topics including the role disruptive technologies like machine learning will play in the renewable energy industry.
Before KAYA, Mr. Cramer worked with the United Nations as a post-conflict electoral consultant in countries including Timor-Leste, Nepal, Sudan, Comoros, Afghanistan, and Libya.

In 2017, Mr. Cramer was selected to be among 90 thought leaders from around the world to participate in a program – funded by Google and based on the NASA Ames Research Facility in Silicon Valley – to examine how exponential technologies can be leveraged to address the negative impacts of climate change. Mr. Cramer has a degree in Environmental Sciences from Loyola University Chicago and a Master of International Affairs from Columbia University.

Itamar Frankenthal, MBA Hons.

About

Itamar Frankenthal is the Founder and Managing Director of New Concord Capital, LLC. As an Electrical Engineer, Mr. Frankenthal is well-versed with batteries and the technology industry at large. He gained technical experience as a systems and software engineer at the Information and Electronic Warfare division of BAE Systems where Mr. Frankenthal developed next-generation technology for the F-15 radar system and counter-missile defense systems for the Department of Homeland Security.

Mr. Frankenthal gained production, operational, management, and marketing experience at Global Foods International (“GFI”), a niche custom foods specialty manufacturer, where he led a division, reported directly to the CEO, and was one of three members of the executive team.  Mr. Frankenthal gained financial skills as a quantitative financial analyst at Sanford Bernstein Alliance Capital (“AB”). At AB, Itamar researched and created modules for a patented model to forecast global capital markets and asset classes using advanced regression techniques resulting in an analysis of $50B in investments and new business of $1B in Europe and Asia.

Mr. Frankenthal holds a B.S. in Electrical Engineering from the City University of New York where he led his team to win the capstone robotics competition and graduated summa cum laude. He holds an M.B.A. from Harvard Business School where he graduated with EC Honors.  Mr. Frankenthal joined the board of Tropical Battery Company Limited in February 2024.

Marc Ramsay, Esq.,

About

Marc Ramsay joined the Board of Tropical Battery on January 13, 2020. Marc is an Attorney-at-Law called to the Bar in Barbados, Jamaica, and Belize and a Professionally Accredited Corporate Secretary and Professionally Accredited Director (GovStrat). As Managing Partner of Ramsay & Partners, Attorneys-at-Law, his practice focuses on mergers and acquisitions, finance, and international trade, including advising Diverze Assets Inc, Tropical Battery Company Limited and the Chukka group. He is an Approved Mentor by the Jamaica Stock Exchange.
Marc has served on several private and public sector boards including One Great Studio Limited, Aeronautical Telecommunications Limited (AEROTEL), Jamaica Civil Aviation Authority, Teacher Services Commission, and Key Insurance Company Limited. Passionate about service, Marc was Chairman of the Kingston and St. Andrew Parish Library Service Advocacy Committee, an Adjunct Lecturer at the University of the West Indies Faculty of Law, and coach to the international law mooting team at the Norman Manley Law School.

Caryl Fenton, FCCA, FCA,

About

Caryl Fenton is a Chartered Accountant, having retired as an audit partner on September 30, 2011, from the firm KPMG Chartered Accountants. She joined the Board Of Tropical Battery on January 13, 2020. During her 30 years at KPMG, she held engagement partner responsibility for a large portfolio of KPMG’s clients and the human resources area of that firm’s administration. Audits included some of Jamaica’s largest general insurance companies and two life insurance companies. Within KPMG, her other responsibilities included being Head of Audit for the Jamaican member firm and KPMG CARICOM. This role involved oversight of quality control and training. Ms. Fenton chaired the Accounting Standards Committee of the Institute of Chartered Accountants of Jamaica for over eight years and represented that body on the Council of the Jamaica Stock Exchange. 

Ricardo Hutchinson, MSc.,CFA

About

Ricardo Hutchinson joined the Board of Tropical Battery on June 2, 2017. Ricardo has more than 10 years’ experience in the Caribbean banking sector providing corporate banking and capital markets solutions to clients across the Caribbean region. Before joining Portland Private Equity, Ricardo held the role of Associate Director of Investment Banking with a leading regional commercial bank where he was responsible for leading the structuring and successful placement of several capital markets transactions. He holds a Master of Science degree in Economics from the University of the West Indies and is a Chartered Financial Analyst (CFA) holder.

Daniel Melville

About

On May 19, 2016, Daniel took up the role of the VP of Sales & Marketing at Tropical Battery, where his skills allowed him to lead the sales team and execute successful customer service strategies. Since taking over this role the sales have grown by more than 15% annually on average. He teams up with all department heads to brainstorm, motivate, and inspire our fellow employees while overseeing business operations. In June 2021 he was promoted to Chief Operating Officer COO. Daniel is also a board member, and his mandate is to ensure that Tropical Battery is constantly moving toward fulfilment of its short-term and long-term goals and does not diverge from its strategic plan.

Before Tropical Battery, he worked for over 14 years at the Chukka Group. Both on the operating side and the marketing team. Before that, with Carnival Cruise Lines which helped him to gain a unique understanding of visitors’ vacation preferences and needs.

Marc Melville, OD.

About

Marc Melville has over 31 years’ experience in the business of the group, starting with his tenure at Tropical Battery on April 1, 1996 where he was committed to learning the business “from the ground up”. Marc rose to hold the position of General Manager and is currently the Chairman of Tropical Battery where he is responsible for strategic planning.

Marc is also the CEO of the Chukka Group, with operations in Jamaica, Belize, Cayman, Barbados, Turks and Caicos. Marc has been a member of the Board of the Jamaica Tourist Board since 2013.

Alexander Melville

About

Alexander Melville has served as CEO of Tropical Battery since January 1, 2015, bringing over 30 years of experience in the energy storage and automotive industries. Starting his journey at Tropical Battery in roles such as warehouse and receivables clerk and later finance director, Alexander’s career progression reflects his deep knowledge of the company’s operations and his commitment to its growth.

A key milestone in Alexander’s leadership was the Initial Public Offering (IPO) of Tropical Battery, which he spearheaded, resulting in the company’s successful listing on the Jamaica Stock Exchange (JSE) in September 2020. This move not only strengthened the company’s financial foundation but also set the stage for further growth and innovation.

Under his leadership, Tropical Battery expanded beyond Jamaica, strategically entering the Dominican Republic and U.S. markets. He led the acquisition of Kaya Energy Group in the Dominican Republic, positioning the company as a key player in the region’s renewable energy sector, and Rose Batteries in San Jose, California, marking Tropical Battery’s entry into the U.S. market with advanced energy storage solutions.

In addition to his role at Tropical Battery, Alexander serves on the board of Eppley Limited, where he is involved in the Audit and Remuneration Committees, and holds leadership roles in the Chukka Group, including as Treasury Director of Chukka Caribbean Adventures Ltd.

His strategic vision and leadership in driving international expansion and complex acquisitions have positioned Tropical Battery as a significant player in the Caribbean and U.S. energy markets, ensuring sustainable growth and long-term success for the company.