Schneider participates in Bahamian windfarms
The windfarms will be located on the islands of New Providence, Abaco and Eleuthera, and they will produce 10 MW each. The electricity will be delivered to the local grid, and will be enough to provide power to about 25,000 homes.
BREC expects to obtain permits by the end of this year, while the company continues seeking new investors. BREC is now in negotiations to select an engineering, procurement and construction EPC contractor to develop the three projects. The selected contractor will be announced later this year.
According to the schedule, site preparation will begin in April 2012, and the windfarms will go into operation by the end of 2013. However, BREC has not decided if the windfarms will be built at the same time, or sequentially. This will be defined once the detailed design of the projects are finished.
Other windfarms under construction in the region include Matafongo 30.6 MW and Los Cocos 25.6 MW in the Dominican Republic. Operational windfarms like Oranjestad 30 MW in Aruba and Wigton 48.7 MW in Jamaica are examples of wind investment initiatives in the Caribbean.
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German coalition backs electricity subsidy for industries
BERLIN - Germany’s three-party coalition is debating whether electricity prices for energy-intensive industries should be subsidised to prevent companies from moving production abroad.
Calls to reduce the electricity bill for big industrial producers are being made by leading politicians, who, like others in Germany, fear the country could lose its position as an industrial powerhouse as it gradually shifts away from fossil fuel-based production.
“It is in the interest of all of us that this strong industry, which we undoubtedly have in Germany, is preserved,” Lars Klingbeil, head of Germany’s leading government party SPD (S&D), told Bayrischer Rundfunk on Wednesday.
To achieve this,…
