NewsWhore
07-27-2009, 05:40 PM
National Energy Commission director Aristides Fernandez Zucco says the construction of a natural gas plant that would produce 600 MW of energy and a wind power project that could produce as much as 600MW more energy will begin this month after the necessary agreements are signed. Zucco announced that a delegation from the United Arab Emirates (UAE) is in the country putting together the final details of the agreement. He added that Juan Ormazabal from the Spanish Renewable Energy Council is heading the commission of UAE representatives, and is also representing an investment fund in the UAE. Fernandez says that the UAE will invest a total of EUR500 million in the DR's energy sector through the gas and wind power projects. The wind farms will be located in Puerto Plata, Monte Cristi and Azua. There are also talks about a second UAE agreement that would pave the way for a natural gas plant that will inject 600MW of energy, involving an investment of EUR700 million.
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