Gildan to Invest More in Honduras

The company announced an initial investment of $5 million in a pilot renewable energy program, and further investment up to $50 million.

Thursday, February 25, 2010

Called “Citizen Video Protection” (“Video Protección Ciudadana”), the project includes installing 342 security cameras in the provinces of San José, Limón, Alajuela and Heredia, to assist in surveillance tasks.

Pedro Pablo Quirós, ICE president, explained that “these cameras can capture photographs, store them, process them, receive commands and suggest actions, as they not only capture video and images, but include intelligence to assist in providing security”.

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More on this topic

Clean Energy: Growing Business in the Region

February 2019

In Central America and the Dominican Republic, the installed capacity of energy generation reaches nearly 20,000 MW, of which 62% correspond to clean sources.

Figures compiled by the Latin American Energy Organization (Olade) indicate that by 2017 the installed capacity of clean or renewable energy generators, including wind, hydro, solar and geothermal, exceeds non-renewable sources.

$20 million for Renewable Energy Projects

November 2012

An agreement between the French Development Bank and Ficohsa will facilitate the development of renewable energy projects.

Ficohsa Bank becomes the first Honduran banking institution to receive funding for projects of this nature.

"This is direct support for investments in energy, including hydro, biomass, wind, solar or geothermal power," noted an article on the website of Proceso Digital.

El Salvador: $1,000 million to generate 350MW

June 2011

Representatives from the electricity industry are arguing that investments of $1,000 million are needed for the tender to generate 350MW.

The international public tender launched in April for the provision of 350MW from July 2015 excludes the use of plants currently in operation, or to be operational by January 2012.

El Salvador: $25 Million Investment in Cogeneration Power Plant

July 2010

The El Ángel sugar mill has invested $25 million to expand its cogeneration power capacity.

Cogeneration is the simultaneous production of electricity and heat energy from a primary energy source. In this case the source is the burning of sugar cane waste, which is converted into heat and then power.

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