Santo Domingo.- Austria’s Development Bank has 100 million euros available for the Dominican Government or businesses interested in investing in renewable energy, whose only requirement is to present a well structured business plan.
Austria honorary general consul Karin Monschein Ostreicher and commercial advisor Franz Bacheleitner made the announcement yesterday, during the 14th Regional Forum on biofuels and other renewable energies, which concludes Thursday in the Hotel Meliá.
National Energy Commission president Enrique Ramirez and representatives of Austrian companies interested in installing power plants in Dominican territory hosted he event the.
One of the companies is Oekotrans GmbH, which plans to invest 400 million euros to install a solar energy plant of more that 100 megawatts.
Monschein noted that Austria’s lakes and rivers supply 60% of the electricity come Dominican one is from renewable sources.
Trade balance
As to the trade balance, the Austrian General Council said Dominican Republic has a trade surplus with Austria.
She affirmed that Dominican Republic imported from her nation products worth 10.9 million euros in 2008, but its exports reached 13.4 million.
The diplomat added that as of August Dominican exports to that country total 8.9 million euros.
Written by: ateo1992 
, 20 Nov 2009 10:43 AM
From: Dominican Republic
wow this is great for the energy sector of our nation!
From: United States, Brooklyn
Christ... If only all the loans we have taken from the IMF were as sweet!
From: United States
Please only let Celso Marranzini negotiate and monitor the project.
If one politician gets involved it will be, as usual, another corrupt disaster.
Screw those inbred entitled morons.
Written by: DomVilla, 20 Nov 2009 11:44 AM
From: United States, Maryland
100 Megawatt is a good beginning for DR, cost on electricity depending in Petroleum is hard for a small country as we are, I evaluate this plan coming from the European Community is a kind of reciprocity in a long way if we keep those number high 13.4 million worth of import and export that justify any powerful nation on the world invest money in DR, take that as a lesson, do not ask for free lunch.
Written by: Juango, 20 Nov 2009 12:09 PM
From: United States, far S. Florida (formerly Santo Domingo)
Is this another new Solar Plant or is it the same Sunova Energy plant announce months ago, under a different name? If not, that is 200 MW of Solar Generated Power.. Great news... per capita...the DR will be leading most all other contries in Solar Electrical Generation. Best news so far this year...(I have borrowed a pair of rose colored glasses from a LA ROMANA friend, and sure makes a big difference how you view the world/DR).
Written by: Atabey, 20 Nov 2009 12:14 PM
From: United States
"whose only requirement is to present a well structured business plan." Wow, how difficult could this be. They're basically saying here invest these funds. I hope the government doesn't mess-up this opportunity.
Written by: Vivacuba, 20 Nov 2009 12:38 PM
From: Dominican Republic
"Yaay", break away from the Dollar!
Written by: xwill7, 20 Nov 2009 12:40 PM
From: United States, Chicago
they better have 24/7 security to make sure that the equipment is not stolen
Written by: vacanos, 20 Nov 2009 1:02 PM
From: United States
Where are you Radames? look all the money you aremissING you greedy BASTARRR. Ever since you left everybdoy is willing to invest in energy.
From: United States, Fresh Water Paradise-NY Finger Lakes
It isn't clear to me, from above article, as to whether this is a loan or a grant.
Certainly, this must be an overt act of benevolence, for the requirements are just too lax, especially in times of tight money markets, etc.
Before we get really excited about this prospect, we should do a careful benefit/cost evaluation and confirm that it is a positive ratio, so we do not wind up with another METRO.
I know that here, in the Finger Lakes region of NY, we are fighting wind power like hell. It is more expensive [~30%] than competing electrical energy sources. They can also be an eye sore and produce objectionable noise; they also require specialized maintenance, which may be lacking in DR.
Please give serious consideration to Dutch experience with wind energy. They made a concerted effort to derive a substantial portion of their energy needs from wind, and now have the dishonorable distinction of paying the highest-by far-costs in Western Europe.
MJEV.
Written by: josean, 20 Nov 2009 2:04 PM
From: United States
"whose only requirement is to present a well structured business plan"
That easy!
Just change a few words and use the one for the METRO, after all it has been such a success!
Written by: xwill7, 20 Nov 2009 2:06 PM
From: United States, Chicago
glo,
it would look take away some of the natural beauty of DR.
Written by: telemeco, 20 Nov 2009 3:23 PM
From: United States, Paterson, New Jersey
Build wing farms in Samana and along the National Distric coast going to San Pedro,,,it is quite windy
Written by: xwill7, 20 Nov 2009 3:54 PM
From: United States, Chicago
tele,
it would ruin samana... they would have to be in a hidden area
From: Germany, Koblenz/Azua de Compostela, R.D.
That 's a good news.
Here in Europe there are a lot of Projects about Alternative Energies worth to be considered.
I could provide some sources.
From: United States
this money should be use wisely dont know how the austrian people work , but it can be worst then what you got now a bunch greedy corrupted whinny culo cagao dominicanos with the brains of moths. running the energy sectors
From: Dominican Republic, Boca de Chavon
No matter which way you look at it this is a good news story and I hope a company comes up with a solid plan ..I think that there should be some incentives for every new home or building to have a solar system and for incentives to be given to existing owners to install solar systems .
Written by: RANCIER, 20 Nov 2009 8:56 PM
From: United States, N.J.
glomarexplorer:
Gvts. give out grants. Banks give out loans . The only thing they always fail to tell the readers the iterest and the length of the loan.
I do agree with you the comparison made with the METRO . I knew it was going to be a fiasco
from the moment generating plants were not part of the project. Also benefit/cost evaluation was
leftf out.
I also agree with the comment made as to the DR standard of technical education to be able to maintain the equipments in working order. I would bring in Spaniards for Solar Energy and Germans for wind energy. The Germans have built the largest at 1.5 MW unit,as cpmpared to the
Chilean 250 KW units, where the ratio would be 6 to1. Spain has proven to be the #1 country in
Europe with Solar Energey due to its amount of sun it gets. As far as the Dutch and its wind energy i think it was a good investment even if the cost per kw/hr is the hiegest, it is also picking up the cost for the hydro/electric and its dams all clean ENERGY.
From: Dominican Republic, Boca de Chavon
I am so glad that many countries seem to think that the DR is a good place to put their money into ..I think so also ..I think that we are on the improve
From: United States, Fresh Water Paradise-NY Finger Lakes
Rancier,
It is all elementary, really.
A fool and his money are soon parted, and I suppose that is the fate that awaits the Austrians. Look, we are most deficient when it comes to integrity. We don't pay our bills; we will lie and cheat even when the truth would do. We conduct bogus marriages, readily change vital statistics documents, and sell you land we don't own. That's just the way we are. We are not proud of it, but accept it and perpetuate it.
Problem with wind power is that there is none when the wind doesn't blow, so you need a parallel system to maintain continuity, which reduces efficiency, increases cost. Electric power is load-driven and cannot easily be predicted or stored and, if we go the wind power route, apagones should be even more frequent and longer in duration.
Wind power is a nice liberal initiative, but not necessarily a workable one and, at best, it is a supplemental albeit costly source of energy; possibly more appropriate for private use.
From: United States, Fresh Water Paradise-NY Finger Lakes
There is something uniquely goofy and sexy about this woman....she looks like lots of fun!
Written by: josean, 20 Nov 2009 10:22 PM
From: United States
Dr.Strangelove,
My God! Are you hitting the sauce?
From: United States, Fresh Water Paradise-NY Finger Lakes
Did have a couple of glasses of wine. She still looks goofy to me, however, and a bit mischievous....I also suppose she is loose with her money-look at the deal she extended DR!
Written by: mariposa, 20 Nov 2009 11:14 PM
From: United States
Just another pile of money for those in power in Dominican Republic. That is all they know......nothing trickles down to the poor and the jobless and the hungry. What a shame!
I had high hopes for this current President, but he has turned out to be just like the rest of them, but with a lot more "finesse".....his sister, who is in charge of a children's welfare organization for the entire country, doesn't even live in the country.......she commutes between New Jersey and Florida, so who is watching out for the barefoot, and hungry kids in the streets? Nobody, and trust me, she will get a nice pension for life for all her hard work.
From: Dominican Republic, Boca de Chavon
glomarexporer,, I amreally sorry you have decided to join the crowd that likes to generalise that the DR is totally corrupt and beyond redemption ..the reality is quite the reverse ..If you decide to look at the worst elements and then say that the total is the same as a part ,then you are in an unnecessarily demented state ..The majority of Dominicans are good people
From: United States, Fresh Water Paradise-NY Finger Lakes
Ricardolito,
You get the undisputed award for unwavering optimism!
Can you please direct me to authoritative sources of news that will help me change my mind by preponderance of evidence refuting depth of corruption in DR?
I would be much obliged. I would also endeavor to be open-minded.
Written by: josean, 22 Nov 2009 2:12 AM
From: United States
"The majority of Dominicans are good people"
Ricky,
I agree with that statement!
However the majority of the people are powerless and the overwhelming majority of the politicians and business people with the real power are overwhelmingly corrupt!
Only people, either with their head in the sand or benefiting from the corruption see otherwise!
From: United States, La Hermandad
Solar energy is the way to go, making sure that any public solar panels are provided with security cameras and motion detection lights to avoid vandalism (powered with solar energy of course).
The investment needs to be protected.
From: United States, Fresh Water Paradise-NY Finger Lakes
Popon,
Solar energy is at best a supplemental source. Conversion to electricity couldn't happen fast enough to satisfy necessary capacity; you couldn't store enough of it to satisfy night and cloudy days demand.
Except for private individuals, the only potential savings I could see are from forcing power grid to buy back excess electrical energy generated from sun. This would mean that, to maintain growth, present capacity of fossil fuels-generated electricity must be maintained and allowed to grow as population expands. Consequently, any potential savings could only originate from fossil fuels not burned during periods of solar energy generation. This is where the "Law of Unintended Consequences" might step in. Because we would not be able to effectively predict fossil fuels usage, purchase cost and storage cost might actually escalate, thereby negating any potential gains from solar energy generation.
Be careful what you wish for, for it may not be exactly what you thin
Written by: brucebb, 23 Nov 2009 10:05 AM
From: Canada
glomarexplover
you sound like a 1st class YANK who seems to show
that the plan for wind power in the DR wont work
but it will i"v seen the wind farms in the EU and asia
the draw back is tho getting the right plan in place
but i will DONT GIVE AWAY THE FARM TILL YOU HAVE A GOOD
PLAN
From: United States, La Hermandad
Glomarexplorer, I completely agree with you, solar power is not enough to supply 100% of the needed power, but it could definetely power most homes and street lighting demand. Just imagine all street lighting in the barrios will reduce crime.
The windmills in Samana will destroy the beatiful view of that gorgeous area.
In nothen California, the windmills area palced in an huge open grass land area. There is hardly any trees in the proximity, just grases which in the most of the time during the summer is dry grass.
Written by: RANCIER, 25 Dec 2009 12:05 AM
From: United States, N.J.
I was watching TLC a month ago where ISRAEL'S scientist came up with the most ingenious
idea and i think will be practical.Magnifying the solar energy with reflectors onto a panel and by doing so the energy could multiply by itself many times . These reflectors would take the place of amplifiers,cosequently the energy could be multiply many times over . I don't iknow how the solar energy is transmited from the sun to the HT grid, wether it is processed the same way as the hydro-electric power and the convensional alternartors from fossill fuel. If it is the same way then it is not that efficient where you would have to create steam to have moving parts (frictions) to move rotors and finally alternators. If it is different will some one give me a lesson on how it is done in a grate scale for power generation to the HT GRID? If not ,do they use volaic cells to accumulate same which in this case would be DC power like the batteries and then put thru converters? to create ac power.
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Christ... If only all the loans we have taken from the IMF were as sweet!
Please only let Celso Marranzini negotiate and monitor the project.
If one politician gets involved it will be, as usual, another corrupt disaster.
Screw those inbred entitled morons.
It isn't clear to me, from above article, as to whether this is a loan or a grant.
Certainly, this must be an overt act of benevolence, for the requirements are just too lax, especially in times of tight money markets, etc.
Before we get really excited about this prospect, we should do a careful benefit/cost evaluation and confirm that it is a positive ratio, so we do not wind up with another METRO.
I know that here, in the Finger Lakes region of NY, we are fighting wind power like hell. It is more expensive [~30%] than competing electrical energy sources. They can also be an eye sore and produce objectionable noise; they also require specialized maintenance, which may be lacking in DR.
Please give serious consideration to Dutch experience with wind energy. They made a concerted effort to derive a substantial portion of their energy needs from wind, and now have the dishonorable distinction of paying the highest-by far-costs in Western Europe.
MJEV.
That easy!
Just change a few words and use the one for the METRO, after all it has been such a success!
it would look take away some of the natural beauty of DR.
Build wing farms in Samana and along the National Distric coast going to San Pedro,,,it is quite windy
it would ruin samana... they would have to be in a hidden area
Here in Europe there are a lot of Projects about Alternative Energies worth to be considered.
I could provide some sources.
Gvts. give out grants. Banks give out loans . The only thing they always fail to tell the readers the iterest and the length of the loan.
I do agree with you the comparison made with the METRO . I knew it was going to be a fiasco
from the moment generating plants were not part of the project. Also benefit/cost evaluation was
leftf out.
I also agree with the comment made as to the DR standard of technical education to be able to maintain the equipments in working order. I would bring in Spaniards for Solar Energy and Germans for wind energy. The Germans have built the largest at 1.5 MW unit,as cpmpared to the
Chilean 250 KW units, where the ratio would be 6 to1. Spain has proven to be the #1 country in
Europe with Solar Energey due to its amount of sun it gets. As far as the Dutch and its wind energy i think it was a good investment even if the cost per kw/hr is the hiegest, it is also picking up the cost for the hydro/electric and its dams all clean ENERGY.
It is all elementary, really.
A fool and his money are soon parted, and I suppose that is the fate that awaits the Austrians. Look, we are most deficient when it comes to integrity. We don't pay our bills; we will lie and cheat even when the truth would do. We conduct bogus marriages, readily change vital statistics documents, and sell you land we don't own. That's just the way we are. We are not proud of it, but accept it and perpetuate it.
Problem with wind power is that there is none when the wind doesn't blow, so you need a parallel system to maintain continuity, which reduces efficiency, increases cost. Electric power is load-driven and cannot easily be predicted or stored and, if we go the wind power route, apagones should be even more frequent and longer in duration.
Wind power is a nice liberal initiative, but not necessarily a workable one and, at best, it is a supplemental albeit costly source of energy; possibly more appropriate for private use.
My God! Are you hitting the sauce?
I had high hopes for this current President, but he has turned out to be just like the rest of them, but with a lot more "finesse".....his sister, who is in charge of a children's welfare organization for the entire country, doesn't even live in the country.......she commutes between New Jersey and Florida, so who is watching out for the barefoot, and hungry kids in the streets? Nobody, and trust me, she will get a nice pension for life for all her hard work.
You get the undisputed award for unwavering optimism!
Can you please direct me to authoritative sources of news that will help me change my mind by preponderance of evidence refuting depth of corruption in DR?
I would be much obliged. I would also endeavor to be open-minded.
Ricky,
I agree with that statement!
However the majority of the people are powerless and the overwhelming majority of the politicians and business people with the real power are overwhelmingly corrupt!
Only people, either with their head in the sand or benefiting from the corruption see otherwise!
The investment needs to be protected.
Solar energy is at best a supplemental source. Conversion to electricity couldn't happen fast enough to satisfy necessary capacity; you couldn't store enough of it to satisfy night and cloudy days demand.
Except for private individuals, the only potential savings I could see are from forcing power grid to buy back excess electrical energy generated from sun. This would mean that, to maintain growth, present capacity of fossil fuels-generated electricity must be maintained and allowed to grow as population expands. Consequently, any potential savings could only originate from fossil fuels not burned during periods of solar energy generation. This is where the "Law of Unintended Consequences" might step in. Because we would not be able to effectively predict fossil fuels usage, purchase cost and storage cost might actually escalate, thereby negating any potential gains from solar energy generation.
Be careful what you wish for, for it may not be exactly what you thin
you sound like a 1st class YANK who seems to show
that the plan for wind power in the DR wont work
but it will i"v seen the wind farms in the EU and asia
the draw back is tho getting the right plan in place
but i will DONT GIVE AWAY THE FARM TILL YOU HAVE A GOOD
PLAN
The windmills in Samana will destroy the beatiful view of that gorgeous area.
In nothen California, the windmills area palced in an huge open grass land area. There is hardly any trees in the proximity, just grases which in the most of the time during the summer is dry grass.
idea and i think will be practical.Magnifying the solar energy with reflectors onto a panel and by doing so the energy could multiply by itself many times . These reflectors would take the place of amplifiers,cosequently the energy could be multiply many times over . I don't iknow how the solar energy is transmited from the sun to the HT grid, wether it is processed the same way as the hydro-electric power and the convensional alternartors from fossill fuel. If it is the same way then it is not that efficient where you would have to create steam to have moving parts (frictions) to move rotors and finally alternators. If it is different will some one give me a lesson on how it is done in a grate scale for power generation to the HT GRID? If not ,do they use volaic cells to accumulate same which in this case would be DC power like the batteries and then put thru converters? to create ac power.