Firms aim to boost investment in electricity for Guatemala

Investment in Guatemalan electricity projects is being stepped up. In the latest move, the Ministry of Energy and Mines has authorized Recursos Energéticos Pasac to build the Cuevamaría hydroelectric project.

Wednesday, July 16, 2008

So far this year, the National Electricity Commission (CNEE) has been asked by Italy-based Enel Guatemala to approve the El Arco and La Cascata hydro projects as well as Tecuamburo, a geothermal scheme.

More on this topic

Geothermal Energy in Nicaragua

March 2012

The volcanic mountain range of los Maribios could potentially generate more than 1,500 megawatts for the country.

Studies by the Ministry of Energy and Mines (MEM) estimate that the volcanoes of the Los Maribios range, along the Pacific area, could give the country a generation potential of more than the 1,500 megawatts in 12 areas or geothermal fields, a capability that could liberate Nicaragua from dependence on oil as a source of electricity.

Guatemala Authorizes Geothermal Exploration

September 2011

The regulator has granted a temporary license for the exploration of the geothermal energy projects known as "Gloria" and "La Chinita".

The Ministry of Energy and Mines (MEM), via the Ministerial Agreements 129-2011 and 157-2011, is providing a temporary license for one year for geothermal exploration, to the company Gulf Resources, SA.

New Hydroelectric Project in Guatemala

March 2009

The Sismite hydroelectric project received the green light for a technical study from the Ministry of Energy and Mines (MEM).

The Director General of Energy of the MEM approved the use of the Montagua River by the company Generadora Nacional to build the Sisimite hydroelectric project.

New Hydroelectric projects in Guatemala

November 2008

The Ministry of Energy and Mines (MEM) authorized five new projects in August, two this week and expects to receive four more requests.

MEM authorized Inver-Energy's project (San Cristobal) located in San Cristobal Verapaz, Alta Verapaz, which would generate 19 megawatts of electricity; on Monday they authorized the Cuevamaria hydroelectric plant, which belongs to the Pasac Energy Resources company, and which will provide 9 megawatts to the system, and which will be built on the Salama River, in the municipality of Cantel, Quetzaltenango.

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