Opportunity Highlights

INVESTMENT

  • CRC will inject a significant amount of Foreign Direct Investment (FDI) into the host country.

INDUSTRY

  • The establishment of a solar PV manufacturing industry in an increasingly high growth sector.

Opportunity to attract supply chain businesses such as:

  • Aluminum extrusion for solar PV panel framing
  • High transparency Solar PV glass
  • Ethylene Vinyl Acetate (EVA) lamination sheets for silicon cell encapsulation process
  • Packaging materials (boxes, shrink wrap, wood pallets,…)
  • Solar PV panel recycling

Opportunity to export products and services to neighbouring regions and countries.

Potential secondary business of exporting excess energy to neighbouring countries.

LABOUR

  • The creation of able employment opportunities (1,000+)
  • Increased skilled labour force

ELECTRICTY

  • Increased national electrification rate
  • Fixed long term PPAs ensures stable electricity pricing

POLITICAL

  • Less dependence on imported energy from neighbouring countries
  • Avoidance of neighbouring countries’ political influence in remote communities

REVENUE

  • Taxation revenues
  • Taxes on solar farms, assembly plant, corporations, personal income
  • Export power revenue

ENVIRONMENT

  • A significant reduction of CO2 emissions annually

IMAGE

  • Visibility as one of the major players in the renewable energy field worldwide