BEL chairman says new solar projects could save up to $28 million annually as utility races to reduce diesel dependence
Belize Electricity Limited could save between $27 million and $28 million every year in generation costs. This potential saving depends on the planned launch of several smaller solar projects. Executive Chairman Lynn Young shared these details during a virtual press conference on Wednesday. The utility is currently accelerating its efforts to add more solar generation. This move is part of a race to reduce the company's reliance on diesel.
By Breaking Belize News Staff: Belize Electricity Limited (BEL) could save as much as $27 million to $28 million annually in electricity generation costs if several smaller solar projects are brought online as planned, Executive Chairman Lynn Young revealed during Wednesday’s virtual press conference. Young said BEL is accelerating efforts to introduce additional solar generation […] The post BEL chairman says new solar projects could save up to $28 million annually as utility races to reduce diesel dependence appeared first on Belize News and Opinion on www.breakingbelizenews.com .