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High hopes for PI renewables investment

posted Aug 7, 2012, 4:41 AM by ema-1 ema-1   [ updated Aug 7, 2012, 4:55 PM ]
"Our neighbouring Pacific Island nations are heavily reliant on diesel-fuelled generators to switch on the lights. This is both hard to sustain and incredibly expensive, putting their fragile economies at the mercy of often-wild oil price fluctuations"

"One thing we all know from the tourism brochures about the islands is that they are sunny - the lessons learned from Tonga could be a stepping stone towards far greater investment in solar power in the Oceania region. Only time will tell whether the to-be shareholders of our energy companies will see the benefits of investing in such projects and make the renewable opportunities a reality that will change the lives of our friendly neighbours"

Full story: http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=10824928

News service provided by: www.energymonitor.org.nz
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