December 14, 2018 - Vol 6: Sustainable Energy

The Sustainable Energy Sector 2018
Outlook & Opportunities

In the ongoing global quest to mitigating climate change and seeking energy independence, Belize remains an active supporter joining the chorus of fostering renewable energy developments. With a history of development in Green Economy, Belize has been powered by primarily renewable sources, namely Hydro and Biomass Energy with growing opportunities in Solar Energy. An example of the benefits under renewable energy can be seen in the utility rates in Belize, which have a mean electricity rate of approximately USD $0.17 per kilowatt-hour (kWh).

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Electricity Generation Mix by Source (2017)

Approximately 60.1% of Belize's Energy are derived from a combination of renewable energy sources such as Hydro and Biomass. While Belize works towards achieving energy efficiency, there is the opportunity to generate energy through the use of  Solar Power and other renewable energy sources as currently Belize imports roughly 37% from the ComisiĆ³n Federal de Electricidad, in Mexico. The below provides a breakdown of Belize's energy generation sources for the year 2017. 

Founded in 2011 by electrical engineer, Marco Valle, Pro Solar Engineering Ltd. has set out to provide Belize with reliable renewable energy. Since then, the company has grown and transitioned into a modern and innovative clean energy company providing tailored systems and services to our clients. Pro Solar Engineering specializes in solar, wind and hydro energy systems, and have recently expanded to offer modernized and highly efficient renewable energy equipment that uses advanced digital solutions and monitoring features through a world renowned brand, Tesla, Inc. All projects to date have been conducted in Belize, a thriving developing nation nestled in the Central American and Caribbean region bordered to the North by Mexico, West and South by Guatemala and East by the pristine Caribbean Sea. Belize has long sunlight days, is filled with many networks of rivers with good wind power potential along the coast and in elevated areas. Pro Solar Engineering Ltd. is committed to the sustainable development of Belize's environment by assisting in the yearly reduction of Belize's carbon footprint by offering cost effective renewable energy solutions that are worth the investment. The company's objective is to promote the socioeconomic development in Belize by means of supplying dependable and cost-effective green power systems, and by helping in the development of a self-sufficient and energy independent Belize.

Opportunity Spotlight


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Project Opportunity:  Bougainvillea Place
Project Name:  Bougainvillea Place
Sector: Tourism
Status: Open
Location:  21 Independence Street, San Ignacio Town, Cayo District, Belize 

Project Summary
The project is located in San Ignacio Town, nestled in the hills of the Cayo District in an up and coming residential area. The project is envisaged to consist of three (3) buildings with thirty (30) units featuring two (2) and three (3) bedroom floor plan options, a swimming pool and ample parking space. To date, Page One Limited has constructed one (1) building with three (3) units completed on the ground floor. The target market for the project is overnight visitors traveling to San Ignacio town for leisure activities.

Total Est. Capital Investment: USD $2,160,123
Total Est. Capital Required: USD $1,860,123
Estimated Return on Investment: TBD
Preferred Sources of Capital: Equity 
Preferred Mode of Investment: Joint Venture 


Contact BelizeINVEST, a Unit of BELTRAIDE, for more details.
14 Orchid Garden Street
City of Belmopan, Belize
Phone: +501-822-3737 / 0175
Skype: belizeinvest