The companies submitted bids for generation with hydro, thermal and photovoltaic sources in the tender for the supply of firm power and energy for 4 years.
"...The generation companies include those using hydroelectricity, and thermal generators using bunker fuels, but there was also a proposal that will generate energy with methane gas and one with photovoltaics."
A bill proposes banning for 25 years the development of hydroelectric projects and concessions for extraction of mineral materials in the course of the Naranjo River in Puntarenas.
Members who proposed the bill argue that it is necessary to establish this prohibition due to the damage and contamination observed in the Manuel Antonio National Park due to the "... indiscriminate exploitation of the Naranjo River."
The project initially known as Chan II has been delayed because "the process of dialogue with communities needed for work to start has not finished."
The company Odebrecht Energy Luxembourg, now called Odebrecht Latin Fund, has twice requested the extension of the timeframe for construction of the project which was awarded to it in June 2014.According to the company, "... the process of dialogue with communities needed for work to start has not finished."
The German bank KfW has resumed the disbursement of funds suspended in April, which will allow for the project to expand the plant to continue.
Authorities at the Executive Commission of the Lempa River (CEL) explained to Elmundo.sv that"... at the moment we are in the process of testing an additional 80 megawatts, and we are still renovating some things that need to be adapted in order to start with the extended generation. "
The property belonging to the Barro project will be transferred to a trust that will hire a company to operate the power plant, and Genisa will receive repayment on its investment in the project.
For its part, the concessionaire of the hydroelectric project has stated it is not part of the agreement announced by the government and has not ruled out taking legal action to protect its investment. See statement by Genisa.
The tax reforms proposed by the Morales administration could include a new tax on telephony and increases in taxes on cement, hydropower and alcoholic beverages.
The amounts and characteristics of the taxes are still unknown, but at a meeting between representatives of Congress and the Executive Branch details were given on the productive activities that are included in the government proposal.
Conflicts over land use and environmentallegal actions have kept fourteen hydroelectric power generation projects paralyzed.
Of the fourteen hydroelectric projects on hold, according to the Association of Renewable Energy Generators (Ager), six were suspended for having been declared unconstitutional, two are in the "dialogue process", one is waiting for a ruling from the Constitutional Court and another " ... five will not be developed because of the conflict."
Eletrobras has sold its stake in Centrales Hidroeléctricas de Nicaragua for $44 million, clearing the way for the eventual resurgence of the hydroelectric project.
In a significant event notice sent to the stock market, the Brazilian company Eletrobras explained that Empresa Nicaraguense de Eletricidad (Enel) and Distribuidora de Electricidad del Norte S.A. - DISNORTE, bought its entire shareholding in CHN.
A bill proposes a five year suspension of the emission of licenses for prospecting, exploration and exploitation of metallic minerals and hydroelectric licenses.
From a statement issued by the Congress of Guatemala:
Congressmen from the Convergence block presented to the Legislative Department a legal bill for a Moratorium on Mining and Hydropower, which proposes suspending for five years the issuance of licenses for prospecting, exploration and exploitation of metallic minerals and hydroelectric licenses, for the purpose discussing a new national policy for the two issues during this timeframe.
The deputies say that the postponement would allow for the analysis of this tool, which includes the participation of the population through binding referendums, which could prevent social unrest in the interior of the country where there has been the greatest resistance.
It has been announced that a court in Brazil has suspended the granting of funds to the project in Nicaragua, arguing that the financial situation of Eletrobras does not justify making an investment abroad.
A precautionary measure approved by Tribunal de Cuentas de la Unión(TCU), the watchdog of use of state resources in Brazil, has suspended the transfer of resources which had been allocated to Eletrobras for the construction, in consortium with the construction firm Queiroz y Galvao, of the Tumarín hydroelectric station in Nicaragua.
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
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