The clean energy project will be developed in Panama, in an area of more than three thousand hectares, using wind turbines that will generate electricity interconnected to the national grid through a substation.
CentralAmericaData's Commercial section provides an up-to-date list of public and private construction projects that have submitted Environmental Impact Assessments (EIA) to the respective institutions in each country.
A solar energy generation park is to be built in the department of Jutiapa, Guatemala, which will have approximately 274 thousand panels and will be located on a 127-hectare plot of land.
According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Solar El Progreso S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Solar Santo Tomas".
In Nicaragua, the company New Fortress Energy announced that it has already started with the construction works of a natural gas plant, which will have an energy generation capacity of 300 MW and will be located near Puerto Sandino, department of León.
Executives of the North American company stated that the project has begun its decisive phase and according to the schedule, it is expected that between May and June the generating plant will begin operations.
After the National Assembly modified the Law for the Promotion of Electricity Generation with Renewable Sources and its reforms, clean energy generators will be able to negotiate the lowering of current prices and in exchange they will receive five additional years of tax exemption.
The initiative, urgently submitted by President Daniel Ortega, exposes the voluntary negotiation process being carried out with electricity generators from renewable sources for the benefit of the Nicaraguan population and the country's economic sectors, the National Assembly reported.
The Guatemalan Ministry of Energy and Mines decided to revoke the license it had granted in early 2020 to the Rocja Pontilá hydroelectric project, in Coban, Alta Verapaz.
AES and Corporación Multi Inversiones inaugurated a 10 megawatt solar power plant in Guazapa, El Salvador.
The plant was inaugurated on 29 October and forms part of the Bosphorus project, which consists of the commissioning of 10 power generation parks of 10 MW each.
Between January and August 2018 and the same period in 2019, electricity generation from hydraulic sources in Panama decreased by 40%.
According to the latest report of the General Comptroller's Office of Panama, in the first eight months of 2019 7,436 million kWh were generated, which is equivalent to a 3.3% increase over the 7,200 million offered in the same period of 2018.
Banco Cuscatlán approved a $10 million loan for the construction of part of the Ventus wind farm, which will have a capacity of 54 MW and will be in the municipality of Metapán.
The state-owned company LaGeo plans to invest in its geothermal fields in Chinameca and San Vicente to increase its generation capacity to an additional 80 megawatts.
In order to finance the works, the public company LaGeo, a subsidiary of the Lempa River Hydroelectric Executive Commission (CEL Group), is negotiating a $232 million loan with the World Bank.
Because both participating companies did not comply with the specifications, in Guatemala the bidders were disqualified in the photovoltaic solar energy tender.
Total Eren Guatemala, S.A. and Corporación Klondike, S.A. presented their bids in the tender for the supply of electricity generated by photovoltaic solar systems, up to a maximum of 110 MW under the BOT modality.
Because of the complaints filed in the tender to supply photovoltaic solar energy, the Public Ministry of Guatemala conducted legal proceedings in the headquarters of the Inde, which could affect the continuity of the process.
Total Eren Guatemala, S.A. and Corporación Klondike, S.A., presented their bids in Guatemala for the supply of electricity generated by photovoltaic solar systems, up to a maximum of 110 MW under the BOT modality.
On July 31, the National Institute of Electrification received bids for the public tender, which includes the installation of five solar power generators through the photovoltaic system for 110 megawatts.
In the first three months of 2019, 14 environmental impact studies were presented in the countries of the region to perform work on electricity grids and develop power generation plants.
The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
The Costarican Institute of Electricity delivered the Las Pailas II Geothermal Plant located in Curubandé, Guanacaste province, at a $366 million cost.
According to projections, the work became more expensive and was delivered months late, since the 2016-2035 Generation Expansion Plan specifies that the plant had an initial cost of $335 million and was to begin operations in January 2019. The total final investment was $366 million.
Because of the behavior of the energy supply from thermal sources, between January and May 2018 and the same period in 2019 the generation of electricity in Panama increased 4%.
The latest report of the General Comptroller of Panama, details that in the first five months of 2019 were generated 4,634 million kwh, equivalent to a 3.9% increase over the 4,460 million offered in the same period of 2018.