|Photovoltaic panels capture the sun's energy
and turn it into useful electricity.
$20 million clean energy solar project at the University of Belize Central Campus in Belmopan.
The university has set aside close to 2.04 acres of land for the large array of photovoltaic panels that will be erected at this state of the art facility.
The Government of Belize through the Ministry of Finance signed a Memorandum of Understanding for the project with UB in March of this year.
The Government of Japan is funding the project through the Japan International Cooperation Agency (JICA).
Photovoltaic panels will generate clean energy from sunlight to provide electricity, which will be sold to Belize Electricity Limited. The gross proceeds of the sales will be transferred to UB by way of a grant.
GOB will also transfer the ownership and management of the photo-voltaic system to UB free of cost after a period of 10 years.
UB is now poised to become a leader in clean solar energy generation while its students benefit from first-hand experience of this cutting-edge technology.
The Ministry of Works and UB will maintain the equipment, with necessary assistance from BEL and other related organizations.
Belmopan is regarded as a good location for solar energy since it enjoys on average more than 300 days of clear sunlight during the year.