Cooperatives Want to Provide Public Services in Guatemala
Small and medium companies from the hydropower sector as well as solar energy and waste treatment sectors is where participation is visualized.
Monday, January 17, 2011
Guatemalan cooperatives intend to increase potential in order to be involved in financing micro and small business involved in renewable energy, waste recycling and water treatment.
The financial potential of cooperatives in Guatemala will revolve around the development of renewable energy projects.
The concept is part of the "Master Plan for the development of renewable energies" which sets out a strategy in power generation for the next 15years.
The hydroelectric potential of the Usumacinta River, which runs through Guatemala and Mexico, is only partially exploited.
The new mayor will maintain the ban on power plants using coal or bunker fuel, but accepted those running on clean energy.
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