Belize Wind Energy

Belize Wind Energy Ltd, a Belizean company, founded and managed by both local and foreign business people, plans to construct and operate multiple wind farms in strategic locations in Belize. Belize Wind Energy Ltd possesses a team with extensive and proven experience in designing, constructing and successfully operating wind farms throughout Europe, the epicenter of the wind energy industry. We will be implementing state-of-the-art wind turbine technology in Belize. According to "Greening the Wind", a 2010 World Bank Study on Wind Power, "electricity demand is projected to grow by around 30 percent by 2020." "With growing attention to climate considerations and cost concerns regarding thermal generation as petroleum prices rise, alternative generation technologies will become increasingly important in tackling energy security issues. Renewable energy, and wind energy in particular, will be key in helping to meet this growing demand in a sustainable way." "As wind power is one of the most promising renewable resources in existence today, it offers several potential benefits. In the past decade, the use of wind power has expanded dramatically around the world, boosted by favorable economics, increasing interest in low-carbon technologies, and supportive governmental policies driven by the numerous benefits wind can provide. Since wind power does not rely on imported fuels, it helps countries to better use local resources while diversifying generation sources." "Furthermore, by relying less on petroleum-based fuels with potentially high and volatile prices, wind power can help reduce the risk profile of the sector. In addition, if wind energy displaces fossil fuel generated electricity, it can reduce carbon emissions in a cost-effective manner. Reducing carbon emissions has both environmental and economic value; the latter will become more evident as future uses of carbon-intensive fuels are further constrained." "Wind power also has the potential to reduce air pollution at the local level by replacing more polluting sources of power generation, thereby improving environmental and human health." "Finally, wind power stands out among all major power generation technologies (renewable or not) in that it requires almost no water, an increasingly scarce resource in much of the world." "Wind power today is widely regarded as a key component of an environmentally sustainable, low-carbon energy future because it is renewable, requires almost no water, and generates near-zero emissions of greenhouse gases and other pollutants." "In many parts of the world, wind power has the potential to significantly reduce greenhouse gas (GHG) emissions from electric power generation, thereby helping to limit the severe environmental and social consequences of human-induced climate change. The growth of wind power has also occurred due to its other positive attributes, including growing economic competitiveness." "Wind power has become the world's fastest-growing source of power generation. While most wind power development to date has been in Europe, Asia, and North America, it is also poised to grow rapidly in other regions, including Latin America." The core team, Boris Mannsfeld, Frik De Meyere and Evan Cowo, already resides, works and invests in Belize and will remain in Belize managing this project. Financing for the entire $BZ 200 million Phase 1 project is already in place and the team is ready to move forward immediately upon approval and commitment from the GOB.