Chinese Interest in Honduran Hydroelectric Projects

In the signed agreement signed, China announces its interest in investing in the projects known as Patuca I, II and III.

Thursday, September 9, 2010

The agreement states that Chinese state-owned Sinohydro will assist Honduras in carrying out feasibility studies for the hydroelectric projects and will discuss financing with Eximbank.

"Chinese experts in partnership with Honduran colleagues have started evaluating the feasibility and maturity of the Patuca project, as well as the significant economic and social benefits it will bring," reports Proceso Digital.

More on this topic

Chinese Hydroelectric Company in Costa Rica

August 2011

Sinohydro could invest $400 million in the construction of a hydroelectric dam, in conjunction with the Instituto Costarricense de Electricidad (ICE).

The Chinese dam construction company is in negotiations to build a 300MW hydroelectric generating plant, according to representatives of the Embassy of Costa Rica in China.

China To Invest $50 Million in Hydro Power Plant Patuca III

April 2011

The first phase of the Hydro Power Plant is picking up steam after the signing of an agreement between Honduras and China.

After three months of negotiations, the governments of both countries agreed the construction of the first phase of the hydro plant, located 220km east of the capital city Tegucigalpa.

Panama Authorizes 26 MW Hydro Project

January 2011

The Public Services Authority of Panama (ASEP) gave Mifta Power Inc. a concession to build and operate the Santa Maria hydroelectric plant.

This dam will use waters of the Santa Maria River in the San Francisco district, province of Veraguas, to generate 26 MW.

Mifta Power Inc. has now thirty days to sign the Concession Agreement and pay a performance bond of $ 148,000.

New Small Hydroelectric Project in Melacatán, Guatemala

June 2010

The National Energy Corporation (CNEE) authorized the construction of an hydroelectric power plant in Malacatán, San Marcos.

“Jesbon Maravillas” Hydroelectric Power Plant will output 750kW, and will link to the 12.8 kv “El Carmen” circuit and then to Malacatán substation.

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AES Panamá

AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy. AES Panama is a subsidiary of AES Corporation, with headquarters in Arlington, Virgina, United States, and holds the 49% of shares in the operations of this generating company. Since late 2007, AES Panama owns four hydroelectric plants with an installed capacity of 482 Megawatts: Bayano (260 MW), Estí (120 MW), La Estrella (47.2 MW), and Los Valles (54.8 MW). Our main clients are the three energy distribution companies in Panama: Elektra Noreste, S.A., Empresa de Distribución Eléctrica Metro-Oeste, S.A., and Empresa de Distribución Eléctrica Chiriquí, S.A., which represent the 95% of the company’s energy sales. The remaining 5% corresponds to energy sales to Great Costumers, which are businesses with monthly energy consumption greater than 100 kilowatts.
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Phone: (507) 206-2652

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