El Salvador: $ 27 Million in Energy Investments

AES El Salvador announced that $27 million will be invested next year to expand electricity coverage.

Thursday, December 16, 2010

Ricardo Vega, AES Vice President of Operations, commented a bidding process which would generate 300 megawatts in 15 years, promoted by the Superintendence of Electricity and Telecommunications.

"Vega said the bidding documents are ready and are expected to be published during the first half of 2011, so the winner can start building the power plant in June" reported Elsalvador.com.

More on this topic

Coal Plant for $400 Million

May 2013

Cenérgica is planning to build in El Salvador a coal power generation plant, which would produce about 150 megawatts.

However, according to Ricardo Hernandez, CEO of Cenérgica, execution of the project planned by the company IC Power, part of Israel Corporation Limited (IC) will depend on the suitability of the tender conditions for the contract for the long-term supply of 350 MW .

ENEL has $127 million to Invest in El Salvador

July 2011

Since litigation began in 2008 regarding the funding of LaGeo, investment plans in El Salvador have ben stalled, but are now coming back into effect.

An article in Laprensagrafica reports that the company Enel will invest $127 million in El Salvador next year as part of the original plan which was based on an agreement with shareholders that the Italian company would provide more capital, in exchange for just over 50% of the shares of the geothermal company LaGeo. This investment plan has been frozen since 2008 after ENEL began arbitration proceedings against ENEL Investment Energy (INE) and the Lempa River Hydroelectric Executive (CEL) because they wouldnt allow the funding.

Panama to Invest $ 4.377 Million in Energy

November 2010

The number includes the total investment for the electricity sector between 2010 and 2015.

The $ 4,377 million represents 22.5% of the gross domestic product (GDP) in 2009.

"The bulk will be hydro generation with $ 2.655 million with a contribution to the electrical grid of about 841 megawatts, half the country's current installed capacity," published Prensa.com.

El Salvador Invites Tenders for 350 MW Power

September 2010

Government and electricity distribution companies are preparing the terms and conditions for the contract bidding process that they plan to launch in October or November this year.

Luis Reyes, executive secretary for El Salvador's National Energy Commission (CNE), indicated that they are looking for up to 350 megawatts (MW) of energy, approximately 30% of current demand, in order to cover the expected shortage in coming years.

 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


About Us

Meteocontrol GmbH es líder mundial en la provisión de servicios innovadores de energía solar. Nuestra empresa lleva más de 40 años dedicada a proyectos solares, desarrollando y comercializando servicios y productos en el sector de la gestión de la energía y de los datos meteorológicos. La experiencia y los conocimientos especializados, hacen de meteocontrol un socio muy solicitado en grandes proyectos tanto nacionales como internacionales.


For more information, please visit https://www.meteocontrol.com/es/ or contact our office in London on
tel. +503 7729 0482



Monday, June 4, 2018 - Friday, June 8, 2018

Online event

Event by: Departamento Editorial de CentralAmericaData.com

Wednesday, June 6, 2018 - Friday, June 8, 2018

Cumbre mundial de ciencias del café (info only in spanish)

San Salvador, El Salvador

Productores, técnicos e investigadores vinculados al negocio del café a nivel internacional se reunirán en San Salvador del 6 al 8 de Junio, para tratar temas como genética y cambio climático.

Event by: Departamento Editorial de CentralAmericaData.com

Doitbit

Organization that operates in El Salvador, Guatemala and Guatemala.
Phone: (502) 42317585

Company Profile

Nicoya Volumetric SRL

Organization that operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
Phone: (506) 7073-8810 - (780) 504-9588

Company Profile

 

Commodities

(May 25)
Brent Crude Oil
76.450
Coffee "C"
122.65
Gold
1,301
Silver
16.460

Stock Indexes

(Apr 6)
Dow Jones
-5.60%
S&P 500
-5.10%
Nasdaq
-5.64%