National Energy is developing a Solar Energy Park project to establish a high-technology manufacturing sector in Trinidad and Tobago. This Solar Energy Park comprises four plants:
- - Metallurgical silicon
- - Polysilicon
- - Integrated Photovoltaic (PV) Manufacturing
- - Float Glass
The Phase 1 development of the Park consists of an integrated PV and float glass plants. Following a detailed feasibility study, the results showed that based on criteria such cost of production, market potential and return on investment, Trinidad and Tobago is a viable option to consider for investment.
The proposed plants can operate independently, but there are synergies and cost advantages in co-locating the plants. The country’s value drivers include available land for the investment, access to ports for supply chain logistics, competitive electricity rates, skilled labour force (leveraging on the country’s experience within the oil and gas industry), internal country solar generation PV demand.
The bottom line is that Trinidad and Tobago’s mission to support the renewable energy markets can be achieved with the right player seeking to lower production costs and access to markets in the Caribbean and the Americas.
Overall Project :