|May 28th, 2010, 01:32 PM||#1|
Join Date: Apr 2009
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Sudan signs 1.25 billion euro solar energy deal
Sudan signed a 1.25 billion euro deal with a private French company on Wednesday to build three solar power plants in the war-torn Darfur region, a step forward in sustainable clean energy.
Solar power can help with water pumping for agriculture and food
The project will target producing 2000 megawatts of electricity over the next 10 years using concentrated solar power to generate electricity across the country, a statement from the French Solar Euromed company said.
"This is a vision in terms of producing electricity but also regarding the rural areas, the need for pumping water for agriculture and food," the company CEO Marc Benmarraze told Reuters.
"It will be 1.2 billion euros investment over hopefully not the next 10 years but probably in the next five or six years," he said in Khartoum.
Benmarraze said that would fund the building of three solar power plants in each of the three Darfur states with a total capacity of 250 megawatts. He hoped these initial projects would be finished by 2013/2014.
He added his company was in talks with European and Arab investors to fund the initial 1.25 billion euro project with 400 million-500 million euro of capital, which would offer competitive returns. He did not give further details.
"We are talking about sustainable, green, solar energy which is not the case here at the moment," he said.
Sudan relies on diesel engines or hydroelectric projects for most of its electricity. The system is unstable in much of the country and blackouts are common.
Darfur, in the seventh year of a low-level insurgency, has little development outside the main towns. Water pumps are a major problem in the arid region.
|June 7th, 2010, 07:22 PM||#3|
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