$10 million for Solar Water Heaters Announced

In Panama a project is being developed that aims to promote the use of water heaters that use solar energy, through means of international and national financing.

Thursday, August 9, 2018

Local authorities reported that in order to carry out the project, the Global Environment Fund will contribute $1.9 million, and the Ministry of Environment, Panama Green Building Council, the Technological University of Panama, the UN and the General Bank will disburse another $8.1 million.

See also "Central America: $1.6 billion in energy projects"

The objective of the project is " ... to promote the investment and use of solar technology and to reduce the use of fossil fuels and electricity in water heating in hospitals, hotels, agro-industrial sites and residences."

Prensa.com reports that at a general level " ...The project foresees the development of a package of fiscal policies and measures, as well as financing facilities that will allow solar thermal technology to grow in the country. It also seeks to ensure quality control, both in terms of the equipment to be imported and its installation."

More on this topic

Difficulties in Power Generation in Guatemala

October 2013

More than 45 power plants which are being built with an investment of more than $1.1 million face social, technical and financing problems.

Prensalibre.com reports: "The works are part of the tenders in the Generation Expansion Plan made in 2010 and 2012 for long-term contracts, which seek to ensure the supply of energy for Empresa Eléctrica de Guatemala (EEGSA) and Energuate ... ".

Attracting Investments in Clean Energy

October 2013

Of all the countries in Central America Nicaragua offers the best conditions for investment in power generation with low carbon emissions.

The report Climatescope 2013 evaluates the ability of Latin American and Caribbean countries to attract investment in low-carbon clean energy.

Clean Energy Investors Arrive

February 2012

Officials are awaiting the arrival of businessmen from England, Spain and Brazil who are interested in investing in projects that generate clean energy in Honduras.

Honduras is expecting the soon arrival of businessmen from England, Spain and Brazil who are interested in investing in clean energy generation, said the coordinator of Expo Energy and the Energy Advisor for Private Enterprise in the country, Hector Turcios.

IDB approves green facility for Banco General of Panama

November 2009

A $20 million non-sovereign guaranteed loan from the IDB will support Banco General, in growing a portfolio of green projects.

The facility will support investments involving energy efficiency, renewable energy, water and wastewater treatment, waste management and other carbon-mitigating projects.

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Professional ink refill franchise for sale

Ink and toner refills with latest generation machinery exclusively for the franchisee in Central America, investment opportunity with fast return.
Ink and toner refills with latest generation machinery...

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Feb 19)
Brent Crude Oil
Coffee "C"