French wind and solar energy producer Aerowatt is developing 40 megawatts of wind-farm projects in Mauritius, the island-nation’s first.
An 18-megawatt project near the village of Plaine des Roches in northeast Mauritius will reach completion first. The wind farm is being constructed for about 14 million euros ($18.4 million), Olivier Gaering, Aerowatt’s International Development chief, said in a telephone interview.
“We’re in the process of negotiating a power purchase agreement with Mauritius’s central electricity board and expect this to be finalized in the third quarter,” he said. Construction is set to begin in early 2011 and be complete within a year, he said.
Aerowatt announced on July 7 that it had sold 210,000 carbon credits generated from the project to the Swedish government. Gaering says the sale of the credits will help finance the wind farm.
The second project will be near Britannia, 25 kilometers (16 miles) south of the capital Port Louis. The 22-megawatt wind farm is being developed in collaboration with the Mauritian sugarcane and ethanol producer Omnicane Limited. The project is “close to finalization” and should reach completion in early 2012, Gaering said.
In addition to the Mauritian portfolio, Gaering said Aerowatt is also developing projects in other African countries including Morocco and Senegal.
To contact the reporter on this story: Lauren van der Westhuizen at at lvanderwesth@bloomberg.net.
::Blog Admin Note::Reproduced from bloomberg.com 06/08/10::
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