The electrification level in Suriname is estimated at 85%, with 79% of the population connected to the EBS system. In the Hinterlands, about 6% of the population is served by an estimated total of 111 villages that have a diesel unit installed by the Department for Rural Energy (DEV) of the MNH. Approximately 93 villages receive diesel fuel from DEV on a monthly basis.
The IDB supports the elaboration of a wind atlas for the coastal area, which will assess the feasibility of using wind energy in Suriname. The new operation will finance two solar mini grids interconnected to the distribution network in Brownsweg (500 kW) and in Alliance (200 kW), including an energy storage system.
One of the most important provisions included in the law is the establishment of the Energy Authority of Suriname (EAS), or the energy regulator, which among others, has the legal responsibility of preparing the expansion plan for the generation and supervising its implementation.
The new operation will finance the extension of the line to the south of Powakka, connecting to the grid several villages around Koina Kondre. The IDB also financed the first solar mini grid in Suriname to provide 24/7 electricity to the isolated villages of Pokigron and Atjoni.
By Ank Kuipers and Marianna Parraga PARAMARIBO (Reuters) -France's TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname's most promising oil and gas project, Block 58, which is expected to inaugurate the nation's offshore output.
With a new technical cooperation, the IDB will support Suriname in establishing a proper ecosystem for the deployment of these projects, with the collaboration of the public and private sectors.
Sustainable Energy in Suriname: A Roadmap to a Greener Future
Suriname holds tremendous potential for sustainable energy development. With abundant natural resources, including significant sunlight, water bodies, and potential wind energy, Suriname is positioning itself as a leader in renewable energy in …
Learn More
EY examines ''complex'' battery storage market in Renewable Energy ...
New rankings by Ernst & Young (EY) of the most attractive markets for renewable energy investment by country include battery storage, with the US, China and UK as frontrunners. The global professional services firm''s Renewable Energy Country Attractiveness Index (RECAI), published every six months, ranks the top 40 countries and provides ...
Learn More
New Energy Outlook 2024: Executive Summary
On the energy supply side, for every dollar that goes to fossil fuels, an average of $3 needs to be invested in low-carbon energy over the remainder of the decade – up from parity today. A fully decarbonized global energy system by 2050 could come with a …
Learn More
Consolidating a Sustainable Energy Sector in Suriname
Suriname is advancing toward a more sustainable energy sector, aiming to provide affordable, secure, and clean electricity to its citizens. The Inter-American Development Bank (IDB) has been a key partner, providing technical and financial support to implement some of the country''s most relevant and iconic projects.
Learn More
TotalEnergies, APA Greenlight $10.5 Billion Oil and Gas Project in …
PARAMARIBO (Reuters) -France''s TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname''s most promising oil and gas …
Learn More
Investing in Sustainable Energy for All Country Fact Sheet: Suriname
Source: UNCTAD, World Investment Report 2023 (https://unctad /wir or https://unctad /fdistatistics). This fact sheet and additional information on the World …
Learn More
Suriname Set to Join Ranks of Global Energy Suppliers
Suriname is poised to join the world stage as a global energy supplier after French supermajor TotalEnergies and US independent APA green-lighted the country''s first …
Learn More
TotalEnergies, APA Greenlight $10.5 Billion Oil and Gas Project in Suriname
PARAMARIBO (Reuters) -France''s TotalEnergies and U.S. APA Corp on Tuesday announced a positive investment decision for Suriname''s most promising oil and gas project, Block 58, which is expected...
Learn More
Suriname
Suriname has emerged in recent years as one of the most promising new oil and gas provinces worldwide. South America''s smallest nation by both size and population has recently seen major discoveries in its territorial waters, with Eni putting oil reserves at 124 million barrels as of end-2022 amid a continuing spate of discoveries.
Learn More
Sustainable Energy in Suriname: A Roadmap to a …
Suriname holds tremendous potential for sustainable energy development. With abundant natural resources, including significant sunlight, water bodies, and potential wind energy, Suriname is positioning itself as a …
Learn More
Suriname
Suriname has emerged in recent years as one of the most promising new oil and gas provinces worldwide. South America''s smallest nation by both size and population has recently seen …
Learn More
Canada knocks China off top of battery supply chain …
Kwasi Ampofo, BNEF''s Head of Metals and Mining, comments: ''Global investment in the clean energy supply chain, including equipment factories and battery metals production, hit a new record at $135bn [in 2023]. …
Learn More
SURINAME
This is the Energy Report Card (ERC) for 2022 for Republic of Suriname. The ERC provides an overview of the energy sector performance, highlighting the following areas: • Installed Conventional and Renewable Power Generation Capacity
Learn More
Suriname Set to Join Ranks of Global Energy Suppliers
Suriname is poised to join the world stage as a global energy supplier after French supermajor TotalEnergies and US independent APA green-lighted the country''s first major oil and gas development last week. The $10.5 billion deepwater GranMorgu project puts the small South American nation on the map as a future producer and likely exporter of ...
Learn More
Investing in Sustainable Energy for All Country Fact Sheet: Suriname
Source: UNCTAD, World Investment Report 2023 (https://unctad /wir or https://unctad /fdistatistics). This fact sheet and additional information on the World Investment Report 2023 and the Report itself can be found at:
Learn More
Consolidating a Sustainable Energy Sector in Suriname
Suriname is advancing toward a more sustainable energy sector, aiming to provide affordable, secure, and clean electricity to its citizens. The Inter-American …
Learn More
Prospects for investors and operators in Suriname''s Energy Sector
Recently, Arthur Deakin, co-director of AMI''s energy practice, interviewed H.E. David Abiamofo, Minister of Natural Resources of the Republic of Suriname. The interview covered the current and future developments of Suriname''s growing energy sector, as well as the Minister''s views on existing production sharing contracts, the prospects of a local content law, …
Learn More
List of 55 Top Renewable Energy Private Equity Firms
New Energy Capital: New Energy Capital is a private equity firm that invests in clean energy and infrastructure assets. NEC''s headquarters is in Hanover, New Hampshire. NEC has a revenue of $11.8M, and 10 employees. NEC has raised a total of $794.5M in funding. NEC''s main competitors are Energy Capital Partners, ArcLight Capital and Tata ...
Learn More
Energy Transition in Suriname: Not an Attractive Investment
Despite 50% hydropower reliance, Suriname faces outdated infrastructure, unclear policies, and limited renewable options. "I am fed up, really fed up with EBS!" The desperation and helplessness are clear in Rinia Amania''s voice. NV Energie Bedrijven Suriname (EBS) is the state-owned electricity company in Suriname.
Learn More
NAMA SURINAME Off-grid Renewable Energy Solutions in Rural …
barriers to investments in renewable energy solutions, therefore contributing to a sustainable renewable energy provision for the interior of Suriname. The NAMA''s main goal, ''electrification …
Learn More
EV battery investment: Boosted by the IRA, US outpaces EU
The US battery sector is booming hand-in-hand with the US EV sector. Some experts have suggested that the value of EV tax credits could be four-times higher than Congress''s budget experts anticipated, reports Axios.Major US EV investments in 2022 included more than $10bn – and 11,600 new jobs – across two Hyundai facilities in Georgia to …
Learn More
NAMA SURINAME Off-grid Renewable Energy Solutions in Rural Suriname
barriers to investments in renewable energy solutions, therefore contributing to a sustainable renewable energy provision for the interior of Suriname. The NAMA''s main goal, ''electrification of the interior'', provides support to the United Nations sustainable development priorities regarding ''Renewable Energy'' as well as ''Climate
Learn More
