Funding for Wind Project Confirmed in NicaraguaFriday, November 12, 2010 AEI Centrans Energy Services, Inc. and Wind Energy of Nicaragua SA, announced funding for Phase II of the Amayo park. The $ 45 million facilities feature a 15-year loan provided by the Netherlands Development Finance Company (FMO) and the Central American Bank for Economic Integration (CABEI). Panama: Offers in Tender of 350 MWThursday, December 3, 2015 Fourteen of the 93 companies that had initially obtained the tender conditions submitted proposals to supply 350 MW of thermal energy. Companies that submitted bids in the tender: First Wind Farm in Caribbean in HondurasWednesday, March 13, 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. Purchase in Energy Market AuthorizedWednesday, July 11, 2018 In El Salvador, Nautilius Inkia, Nautilius Distribution and Nautilus Isthmus have been given approval to acquire the share capital of Nejapa Power Company, Cenérgica and Poliwatt Limitada. From a statement issued by the Superintendency of Competition (SC): Honduran Authorities Don’t Know Who Minerco Resources IsFriday, July 2, 2010 Minerco Resources Inc. (OTC: MINE) recently announced that it will develop hydro power plant “Chiligatoro”, but government sources stated they don’t know this company. In a press release published in MarketWatch.com on June 1st, it was announced that Minerco Resources had received approval from the National Energy Commission of Honduras to develop Hydro Power Plant Chiligatoro. Suez Energy to invest US$650 million in PanamaThursday, June 26, 2008 Suez Energy aims to invest US$650 million in various power-generation projects that should come on stream by 2010. The projects includes the conversion to coal of the Bahía Las Minas thermal plant, and construction of a 25-megawatt hydroelectric scheme at Gualaca, Chiriquí. Duke Energy to invest $45 million in GuatemalaTuesday, July 7, 2009 Construction of the San Cristobal hydroelectric in Alta Verapaz is scheduled to start in six months. The project was originally won by Inver Energy, but this company was adquired by Duke Energy. Duke will carry on the project, expected to generate 600 jobs. El Salvador: Study on Ethanol ProductionTuesday, July 14, 2009 The results of a study on the country’s biofuel production possibilities will be presented tomorrow. The research required an investment of $4 million, and was carried out by Arkel Sugar, Inc. (Arkel), Delta-T Corporation (Delta-T), Energy and Security Group (ESG) and Hart Energy Consulting. Jaguar Energy Wins Case Against Chinese CMNCMonday, October 17, 2016 Jaguar Energy Guatemala has announced that it won the international arbitration case against China Machine New Energy Corporation, which has to pay the former entity $149 million. According to the company, as a result of the decision from the arbitral tribunal, the power plant based on coal will remain its property, and the Chinese company will have to pay $149 million. Roatan Island: 28 MW Propane Gas GeneratorFriday, March 18, 2016 A Finnish multinational company has resolved its electricity problems in Roatan Island with a generating plant based on propane gas. The growth of tourism in the Bay Islands (Honduras' northern Caribbean) has made feasible a project by the Finnish company Wärtsilä to install a 28 MW power plant based on propane gas. The installed power capacity of Wärtsilä in Honduras is about 500 MW, representing 25% of the national capacity. Puma Energy Acquires ExxonMobil Assets in the RegionWednesday, March 30, 2011 Puma Energy has agreed to acquire ExxonMobil’s commercialization and fuel supply assets in Belize, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Founded in 1997, Puma Energy has quickly grown into one of the world’s largest independent petroleum commercialization and downstream distribution companies. Nicaragua: Five Petroleum Concessions in Uncontested AreasWednesday, September 11, 2013 Four awards have been made so far in the Caribbean and in the Pacific, to Noble Energy, Infinity Energy and Industrias Oklahoma Nicaragua. According to the Minister of Energy and Mines (MEM), Emilio Rappaccioli, "the company Noble Energy, which between 2013-2015 will invest between $180 million and $670 million is at the moment making progress in drilling the first well, but in Nicaraguan waters" reported Elnuevodiario.com.ni . Cutuco Studies Selling Energy to GuatemalaTuesday, October 6, 2009 Salvadoran project Cutuco Energy Central America is analyzing selling natural gas energy to Guatemala in 2013. Company spokespersons are currently in Guatemala holding meetings with authorities and potential buyers. $260 for a wind (energy) farm in HondurasThursday, October 2, 2008 The Honduran Government and Meso-America Energy signed an agreement for the construction of a wind farm that will generate 100 megawatts of energy. The agreement was signed by the president of Meso-America Energy in Honduras, Luis Javier Castro, the manager of the National Electric Energy Company, Rixi Moncada, and the president of Honduras, Manuel Zelaya and other officials as witnesses. Guatemala: AEI’s Jaguar Energy Begins Construction of 300MW Power PlantFriday, May 7, 2010 Jaguar Energy, from AEI, began construction of a 700 million solid fuel fired power generation facility near Port Quetzal. The President of Guatemala, Alvaro Colom, along with cabinet ministers and representatives from AEI and the private sector, led a groundbreaking ceremony today to inaugurate the construction of Jaguar Energy Guatemala LLC's new 300 MW solid fuel fired power generation facility. |
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