NewsWhore
08-28-2007, 04:40 PM
Investment opportunities valued at US$2 billion are awaiting the implementation of the Renewable Energy Investment and Incentives law, which is being prepared by the National Commission of Energy (CNE). Alternative energy projects aimed at providing an additional 1,600 MW of energy are planned for the DR. Aristides Fernandez Zucco, president of the National Energy Council, says that the rulings should be ready by mid-September. Fernandez Zucco, quoted in Listin Diario, said that by the end of the year construction of solar and wind power projects would begin to provide 600 MW of energy for the Dominican grid. These 600 MW will save the country US$400 million per year. Fernandez Zucco says that by next year further installations aimed at providing another 1,000 MW will begin construction.
Fernandez Zucco also pointed out that the DR has the potential of producing 10,000 MW in wind energy and that in 15 years the country could generate 20% of its energy from alternative or renewable sources.
He was speaking during a Workshop on Alternative Energy Planning, organized by the Ministry of Environment and the National Energy Commission (CNE).
More... (http://www.dr1.com/index.html#6)
Fernandez Zucco also pointed out that the DR has the potential of producing 10,000 MW in wind energy and that in 15 years the country could generate 20% of its energy from alternative or renewable sources.
He was speaking during a Workshop on Alternative Energy Planning, organized by the Ministry of Environment and the National Energy Commission (CNE).
More... (http://www.dr1.com/index.html#6)