Latin America and Wind Energy

Costa Rica leads Central America in its efforts to take advantage of the good conditions for wind energy in the region.

Thursday, July 2, 2009

Conditions are even more favorable in Latin America than they are in Europe where wind power generation is extensive, clean and renewable.

In an article in Americaeconomica.com, Patricia Zvaighaft reports that “Latin America has an ideal situation for the development of wind energy. According to data from the Latin American Wind Energy Association (LAWEA), the region has a potential capacity to produce 200,000 megawatts of power. However, less than 1,000 megawatts are produced with this type of energy.”

More on this topic

First Wind Farm in Caribbean in Honduras

March 2013

Investment for the 3.9 MW wind farm, to be built in the Bay Islands, is estimated at $6 million.  

According to Richard Warren, vice president and general manager of Roatan Electric Company (RECO), the Ocean View wind farm will be built by the company Tradewinds ENERGY on the island of Roatan, and will produce up to 3.9 megawatts of wind power.

Panama: Wind Power in 2013

March 2012

Unión Eólica Panameña has been awarded a contract to provide electricity to ETESA using 110 wind turbines installed in Penonomé.

The first wind farm in Panama will have to start operations in the second half of 2013, according to the plans of Unión Eólica Panameña (UEP), a Spanish company that has won the contract with the Electricity Transmission Company SA (ETESA in Spanish).

Wind Farm in Cerro de Hula Moves Forward

November 2010

Globeleq announced the wind power plant in Honduras reached financial agreements and will begin construction.

The majority-owned subsidiary of Globeleq, Mesoamerica SA Renewable Energy (Known as Mesoamerica Energy), leader in development of wind projects in Central America, has been developing the 102 MW wind power project through its own local entity Wind Energy Honduras SA (EEHSA).

Delay in Panamanians Wind Projects

June 2009

Funding pledged by international banks hit by the global financial crisis must be replaced by other sources of capital.

In other cases, the government has denied the necessary operation permits due to breach of requisites.
Actions by environmentalists, who want to prevent the use of the Santa Fe National Park for a wind farm, claiming "ecological fragility" of the area have also influenced in the delay.

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