The drop in oil prices has made clean energy less profitable, going from 30%, in previous years to 12%.
The approval of the General Electricity Law passed in Guatemala ten years ago encouraged a boom in the generation and transmission of electricity in the country, including from renewable sources.
In Costa Rica a 650 MW hydropower project in which $129 million has already been invested, has made no progress in 20 years, pending an "intercultural dialogue" which has not even begun.
EDITORIAL
The problem is not that infrastructure is to be built in indigenous territories without dialogue . Nor it is that the dialogue is fruitless. A conflict has not even arisen.
So far this year the Central American countries have sold 120 GW/h, equivalent to $20 million.
An analysis piece on Eleconomista.net shows the levels of energy consumption of the Central American countries and the ability of each of them to trade their surpluses, with generation depending, among other things, on variables such as the weather.
Companies specializing in renewable energy will visit the country in the first week of June to offer advice, financing and technology in photovoltaics, wind and water.
From 3 to June 7 an event will be held in Panama dedicated to renewable energies and on Tuesday, June 4th the Renewable Energy Symposium 'Made in Germany' will be held at the Marriott in Panama City, sponsored by the Ministry of Economy and Technology of Germany, which seeks to support German companies in expanding into foreign markets, in this case in Panama and other Central American countries.