NewsWhore
02-10-2011, 03:20 PM
A renewable energy conference is taking place next Wednesday and Thursday at the Melia Hotel in Santo Domingo. The forum is backed by the American Chamber of Commerce, the National Energy Commission (CNE), the Center for Export and Investment (CEI-RD) and local energy firms, including AES. Representatives from the governments of the US, Brazil, Haiti and the Inter-American Development Bank will take part.
The forum is aimed at helping businesspeople and anyone interested in renewable energy make contacts that can lead to alliances and find funding for their projects, as reported in Listin Diario.
Making the announcement at a press conference at the American Chamber of Commerce, Enrique Ramirez of the CNE said that he was optimistic about future prospects for investment in renewable energy. He said six concessions have been granted for 30 mini hydroelectric generators with each generating five megawatts. The plants will be completed in 2012. Furthermore, he announced that in March the IDB would be funding two wind energy projects that are expected to go into service by the end of the year. He said the government has authorized RD$50 million in ITBIS exemptions and RD$75 million in luxury tax exemptions to renewable energy projects.
Ramirez said that there are already 15-20 homes in Santo Domingo that are self-sufficient in their energy supply from renewable sources. He said the CNE has an agreement with the Public Electricity Corporation (CDEEE) and distributors to establish a metering system so that whoever installs an alternative energy generation system can send the surplus energy back into the grid and receive credits for it in billing.
Ramirez reported that for this year, the DR would be producing 220-250 megawatts of clean energy from renewable sources, equivalent to 20-22% of the national electricity grid supply.
More... (http://www.dr1.com/index.html#6)
The forum is aimed at helping businesspeople and anyone interested in renewable energy make contacts that can lead to alliances and find funding for their projects, as reported in Listin Diario.
Making the announcement at a press conference at the American Chamber of Commerce, Enrique Ramirez of the CNE said that he was optimistic about future prospects for investment in renewable energy. He said six concessions have been granted for 30 mini hydroelectric generators with each generating five megawatts. The plants will be completed in 2012. Furthermore, he announced that in March the IDB would be funding two wind energy projects that are expected to go into service by the end of the year. He said the government has authorized RD$50 million in ITBIS exemptions and RD$75 million in luxury tax exemptions to renewable energy projects.
Ramirez said that there are already 15-20 homes in Santo Domingo that are self-sufficient in their energy supply from renewable sources. He said the CNE has an agreement with the Public Electricity Corporation (CDEEE) and distributors to establish a metering system so that whoever installs an alternative energy generation system can send the surplus energy back into the grid and receive credits for it in billing.
Ramirez reported that for this year, the DR would be producing 220-250 megawatts of clean energy from renewable sources, equivalent to 20-22% of the national electricity grid supply.
More... (http://www.dr1.com/index.html#6)