Guatemalan hydro scheme on show to world oil experts
A Guatemalan hydroelectric scheme is to be featured at the 19th World Petroleum Congress, currently underway in Madrid.
Monday, June 30, 2008
Jorge Segrelles, president of the event, said the Guatemalan scheme would be shown to the oil experts as an example of how to combat the generation of greenhouse gases through the use of renewable energy sources.
A mission from China's hydro-power industry is visiting Guatemala to check out the possibility of participating in hydroelectric projects.
'Larreynaga', a 17-MW hydroelectric power plant will be built with financing from Spain.
The Ministry of Energy and Mines (MEM) authorized five new projects in August, two this week and expects to receive four more requests.
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.
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