Honduras to Host Latin American Biomass Project

The country has been confirmed as the site for the pilot project to test the use of biomass for generating electricity in the region.

Thursday, September 23, 2010

The main objective of the US government backed initiative is to reduce the consumption of oil used for generating electricity.

The announcement was made by the US ambassador in Honduras, Hugo Llorens, at a meeting held between representatives of the Institute of the Americas and the renewable energy sector.

"During the event it was announced that the World Bank will soon be supporting renewable energy generation by making $60 million of funds available for projects of up to 10 megawatts," reports LaPrensa.hn.

More on this topic

How to Mitigate the Risks of Geothermal Energy

August 2016

Insurance coverage, tax incentives and drilling costs shared between private businesses and governments are some of the proposals put forward for exploiting geothermal potential in Central America.

A global study by the World Bank analyzes the reasons why it has not been possible to take full advantage of geothermal energy in Latin America, highlighting countries such as Costa Rica, Nicaragua, Argentina and Chile, whose potential to generate energy through this renewable source has still not been fully exploited, mainly because of the high risks involved in geothermal projects in their early stages.

El Salvador Prefers Mini Hydro Stations

May 2012

The concept is part of the "Master Plan for the development of renewable energies" which sets out a strategy in power generation for the next 15years.

A study by the National Energy Council (CNE) in conjunction with the Japanese International Cooperation Agency (JICA) outlines a strategy for the next 15 years in the development of technologies using renewable resources.

Nicaragua Covers 48% of Demand with Renewable Energy

January 2012

Nicaragua managed to cover 48% of the population’s domestic demand with renewable energy, producing 219.8 MW.

A press release by ProNicaragua reads:

Nicaragua managed to cover 48 percent of the national demand from the population with renewable energy, producing 219.8 megawatts of power from wind farms, hydroelectric, biomass and geothermal stations, according to data provided by the Ministry of Energy and the National Center for Cargo Dispatch.

El Salvador: New Impetus for Renewable Energy

July 2011

The modification of the regulatory framework for power generation will make the use of renewable energy more flexible.

Through these changes renewable energy participation quotas will be granted to the electricity market, which will boost the development of this fledgling industry in the country.

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