Solar power plant cost per megawatt Venezuela
Yingli Green Energy Holding Company Limited today announced that it has supplied 1.1 megawatts (MW) of solar panels for Venezuela"s largest solar project, a hybrid solar-diesel
Economic Benefits: Solar energy offers economic advantages such as job creation, reduced dependence on fossil fuel imports, and potential cost savings in the long run. By investing in solar energy, Venezuela can stimulate economic growth, diversify its energy mix, and improve energy security.
According to the latest statistics published by the International Renewable Energy Agency, Venezuela had around 5.32 MW of installed solar PV power generation capacity in 2019. In 2019, the Venezuelan government announced a plan to build its first utility-scale PV project to strengthen its National Electric System.
Energy Transition: The global trend towards clean and sustainable energy sources will influence the energy transition in Venezuela. Solar energy will play a vital role in reducing greenhouse gas emissions, meeting renewable energy targets, and diversifying the energy mix.
The engineer says: “It's incredible, but in Venezuela, in the industrial region of Paraguaná, we have a solar panel factory, but it doesn't have any staff. There's materials in the storage facilities to produce for three years and supply the entire country with alternative systems.
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