Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form
A large scale solar development has been planned for Suriname. The project will involve the installation of 5MW capacity of solar panels to supply seven large villages in the upper reaches of the Suriname river. The project will serve 2,500 households and 15,000 residents, based on an average consumption of 300 watts per household per day. Given the geographical distribution of people in and around the villages, the project will involve both centralized areas where solar panels are installed as well as solar panels on individual houses.
There is a strong demand for this project. The people in the interior of Suriname have never enjoyed 24 hours of electricity and all the individual and community advantages that this facility provides. People in the coastal areas have these advantages, which consist of access to information, refrigerated storage, development of small enterprise, etc. Access to 24 hour electricity will allow the local population to find social and commercial solutions within their own environment. The project will be subsidised by the Government of Suriname, with the end users only paying for the operational cost of the project. The local population will be trained to do maintenance and simple repairs, but the oversight will be done by a government agency.
The project will require US$20m investment, of which 15% will be provided by the Government of Suriname and the remaining 85% is being sought in the form of a loan from a foreign investor. The term of the loan would be 15 years with a 4% interest rate.
Suriname has ideal environmental conditions for the use of solar as an energy source. The country receives large amounts of sunlight, with an average of 7.2 hours of sunshine per day[1] and an average daily solar irradiation of 5 kilowatts per square metre[2](measurements taken at the capital of Suriname, Paramaribo).-------------------------
[1] World Climate Guide
[2] Renewable Energy System Design Tool: Solar power calculator
[3] fDi Intelligence from the Financial Times based on Population Reference Bureau World Population Data Sheet
“KPMG sees Suriname as a country full of potential. Suriname has proven to realize economic growth while the world was in the financial and economic crisis. There are all the ingredients to accommodate long term growth: abundant natural resources, safe working environment, improving investment climate and a motivated and skilled workforce.”
Victor Bergisch, Managing Director of KPMG Assurance Services N.V.Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form
Indicators for Labour Costs
1 - World Bank Doing Business
2 - EY Worldwide Personal Tax Guide 2014/15
Indicators for Utility Costs
1 - Climatescope
2 - Corporacion del acueducto y Acantarillado de Santo Domingo
3 - International Telecommunication Union - ITU
Indicators for Property Costs
| Data Point | Value | Units | Year |
|---|
.png){kind=icon}
