How to start a solar power plant in Suriname?

The Electricity Act 2016 in Suriname states that utility scale solar plants shall be introduced by organizing a tender process and by signing Power Purchase Agreement between the energy company and the owner of the solar or wind power plants.

Is solar power more flexible than wind power in Suriname?

However, two factors lead us to conclude that in Suriname's specific case, wind power is a more obvious candidate to be supported by hydro-driven flexibility than solar power.

Is Suriname a good place to invest in solar energy?

The existing hydropower plant, Afobaka dam, which supplies about the 50% of the electricity demand of the country, can be one of the keys for the development of solar and wind energy. Additionally, in Suriname there is a good complementarity of the hydro and solar resources.

How much does electricity cost in Suriname?

In Suriname, according to the national electrical utility, the actual total cost of electricity is the main power system is 13 US cents/kWh, including generation, transmission, operational and maintenance costs. In 2018, only the cost of fuels and lubricants used in the Heavy Fuel Oil power plant, was 8 US$ cents/kWh.

How can solar power help Suriname & Guyana & the Caribbean?

Empowering Suriname, Guyana and the Caribbean with Clean Solar Energy: Together, we’re not just generating kilowatts; we’re igniting hope, fostering progress, and illuminating the path toward a cleaner, more resilient Caribbean. 02. WHO WE ARE

What is the electricity system upgrade & expansion project in Suriname?

The Electricity System Upgrade and Expansion Project in Suriname is an initiative by the Caribbean Development Bank (CDB) and the government of Suriname. Its objective is to deliver a more reliable, efficient and sustainable electricity supply in Suriname.