MALDIVES TO BUILD WIND POWER PLANT TO BECOME CARBON NEUTRAL

Posted on: Fri, 06 Nov 2009 05:34:00 EST


Symbols: FCYI
MALE, Nov 06, 2009 (AsiaPulse via COMTEX) --
FCYI | Quote | Chart | News | PowerRating -- The state power utility of the
Indian Ocean atoll state of Maldives has signed a 20-year deal
with Falcon Energy, a private firm to build and operate a
75MegaWatt wind farm as part of a plan to become a carbon
neutral nation.

The wind farm built a cost of US$200 million will be in the
Gaafaru island in North Male atoll and will supply power to the
capital Male, the international airport at Hulhule island and
nearby resorts, through submarine cables.

The Maldives State Electric Company Limited, STELCO, runs a
network in the capital with 38.76MW of capacity, 26 kilometers
of underground cables supplying power to 25,000 customers.

The plan was unveiled on Monday at a ceremony attended by
Maldivian President Mohamed Nasheed and representatives from GE
Energy, Falcon Energy and STELCO, at the STELCO head office in
Male.

Maldives President Mohamed Nasheed says the plant will
reduce dependence on oil and move underlined "environmental
consciousness and financial prudence" of the atoll state.

In March, Maldives announced that it wants to be carbon
neutral in 10 years.

"We want the Maldives to be the place to test renewables. We
want the Maldives to be the place to build renewables," Nasheed
said in a statement.

"We will position the Maldives as a showcase for renewable
energy."

The wind farm project is expected to cut the island's carbon
dioxide emissions by up to 25 per cent.

Maldives is believes that its low lying island could go
under water due to global warming and melting polar ice caps.

Proponents of the theory believe that a steady global
warming is taking place, and that it has anthopogenic origins
or is caused due to human action such as the emission of
'greenhouse' gases like carbon dioxide.

Tourism is a key source of revenue for the state.

Maldives said the wind farm would allow inhabited and resort
islands in North Male atoll to switch off their existing diesel
generators.

On windy days, excess electricity generated by the wind
plant will be used to run a desalination plant, which will
produce bottled drinking water.

On calm days, a liquefied natural gas plant will provide
50MW of back-up power.

The Maldives say the project will provide jobs of many of
the 800 inhabitants of Gaafaru in maintaining the wind farm
equipments and facilities.

A feasibility study will be carried out by GE Energy, a unit
of US-based General Electric. The plant will use GE
equipment.

(LBO) rw

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