Authorities announced a tender next month for another 200 MW of power from renewable resources.
According to the Energy Minister Erick Archila, the investments by companies that were awarded the first 630 MW in two previous tenders, will start to come into effect next year."The investment will be $1.8 billion in solar plants, wind and renewable resources," he added.
Royalties on mineral holdings in Guatemala will be imposed on three levels related to the base value of the extracted material.
According to Mario Marroquin, president of the Union of Mining and CEO of the company Montana Exploradora (main extractor of gold and silver in Guatemala), precious metals are those with the highest and there are other lower rates for base metals and non-metallic minerals.
The financial potential of cooperatives in Guatemala will revolve around the development of renewable energy projects.
The groups belonging to the Guatemalan Confederation of Cooperative Associations, RL (Confecoop), have projects, funding and implementation programs for the construction of small hydroelectric plants, whose owners are cooperatives.
Several projects in Jocotán, that would start operations in 2011, were approved by the National Commission for Electric Energy (CNEE).
Two projects by the company named "Desarrollo de Generación Eléctrica y Manejo de Recursos Naturales Las Tres Niñas, S.A." were approved, one for 120 megawatts, and the other for 57 megawatts. Additionally, "Generación Limpia de Guatemala, S.A." property of Grupo Unión Fenosa, received the CNEE's approval for 3 projects, which sum 94 megawatts of power.
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"Integral Energy Solutions" for both the domestic and commercial market. Our mission is to design, develop and install modern systems of renewable energy which support the environment.
Operates in Panama, Nicaragua, Honduras, Guatemala, El Salvador and Costa Rica
Phone: (506) 2290 0668 - (506) 2290 2422
AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy.
AES Panama is a subsidiary of AES Corporation, with headquarters in Arlington, Virgina, United States, and holds the 49% of shares in the operations of this generating company.
Since late 2007, AES Panama owns four hydroelectric plants with an installed capacity of 482 Megawatts: Bayano (260 MW), Estí (120 MW), La Estrella (47.2 MW), and Los Valles (54.8 MW).
Our main clients are the three energy distribution companies in Panama: Elektra Noreste, S.A., Empresa de Distribución Eléctrica Metro-Oeste, S.A., and Empresa de Distribución Eléctrica Chiriquí, S.A., which represent the 95% of the company’s energy sales. The remaining 5% corresponds to energy sales to Great Costumers, which are businesses with monthly energy consumption greater than 100 kilowatts.
Operates in Panama
Phone: (507) 206-2652
In late 2005, AES began developing the Changuinola hydro power project and currently the project is in the phase of building the roadways to access that facility. The formal cornerstone laying ceremony took place on October 25, 2007.
The project's total completion represents an investment of approximately $563 million and the estimated date for the Changuinola hydro power plant to go into commercial operation is the first quarter of 2011. Through this new facility, AES contributes to the country's development and helps face the growing demand of energy in Panama, which requires an additional 50 MW each year.
The construction of the new Changuinola I Hydro Power Plant:
* is an asset to Panama
* will generate clean and 100% Panamanian energy
* will create opportunities for previously excluded populations
* will contribute to solve the country's energy situation
* will help Panama to continue growing
The construction and operation of the hydro power plant will be under the responsibility of AES, a multinational energy corporation with world-class standards and an active presence in Panama.
Operates in Panama
Phone: (507) 206-2600