Jaguar Energy Guatemala has announced that it won the international arbitration case against China Machine New Energy Corporation, which has to pay the former entity $149 million.
According to the company, as a result of the decision from the arbitral tribunal, the power plant based on coal will remain its property, and the Chinese company will have to pay $149 million.
A sugar mill in Chiriqui is investing $41 million in modernization of the factory and the construction of a cogeneration plant with capacity of 32 MW.
In the first stage of works the mill Central Azucarero de Alanje S.A. (Cadasa) projects consumption of 8 MW in operation and uploading the remaining 24 MW to the national grid.
Aceitera Real has started operating a plant generating energy from waste in order to supply themselves and sell the surplus to the national grid.
The company also opened a fractionation palm oil plant, also in Chinandega.The renewable energy generation plant has the capacity to generate 7.5 kwh, of which the company will consume 6.4 KwH, explained the CEO of the company, Horacio Rappacciolli, to Elnuevodiario.com.ni.
In August, the national installed capacity amounted to 3,013 MW, comprising of 28% hydro power using reservoir technology, 29% run over river hydro, 35% thermal, 7% wind and the rest was photovoltaic.
From a report by the National Public Services Authority:
I. INSTALLED CAPACITY AND FIRM CAPACITY BY AGENT AND BY PLANT
In August business licenses were received by Generador Integrante Hidroeléctrica Finca Lorena, with an installed capacity of 4.2 MW and Generador Distribuido Renovable Hidroeléctrica El Brote with 3.7MW of installed capacity.
From a Bulletin by the Wholesale Market Authority:
In the month of August commercial authorization was given to Generador Integrante Hidroeléctrica Finca Lorena, with an installed capacity of 4.2 MW and Generador Distribuido Renovable Hidroeléctrica El Brote with 3.7MW of installed capacity.
The ASEP has reactivated the license granted to Panama NG Power to build and operate a 670 MW generating plant based on natural gas in Cristobal, province of Colon.
The licenseinitially granted in 2011, was canceledduring the current administration of the Public Services Authority (ASEP) because of delays in delivering information on Panama NG Power's project financing. Now,"... The appeal on constitutional guarantees granted by the Supreme Court to the company has forced the Asep to declare the license valid."
Two weeks from the closing date, only 11 applications have been received to install self-production energy systems in homes.
Some attribute the lack of interest to the cost of installing the panels, as the return on investment is in the medium term.
Laprensagrafica.com reports that "...The initiative for self producers of renewable energy emerged as part of the policy to diversify sources of electricity in the country which is being carried out by the National Energy Council (CNE by its initials in Spanish) and other bodies.The idea is that people can generate their own energy and sell their surplus to distributors, for which they reserved 1MW... that wasdistributed among the seven distribution companies in the country according to their users. "
Using an IADB loan electrical substations will be built and a technical feasibility study made for exploitation of the geothermal potential in the field of Cosigüina.
From a statement issued by the Inter-American Development Bank:
Nicaragua will be expanding its levels of renewable energy generation and improving the electricity transmission system through a US $103.4 million financing project from the Inter-American Development Bank (IDB).
Commercial authorization was received in July by the Energy generators Caribe, S.A., whose installed capacity is 120 MW, Unidad Turbo Generador Condensing 4 (TGC-4) de Pantaleón S.A., with 50.55 MW.
From a Bulletin by the Wholesale Market Authority:
In July the following generators were commercially enabled: Energías del Caribe, S.A., with an installed capacity of 120 MW and Unidad Turbo Generador Condensing 4 (TGC-4) de Pantaleón S.A., with an installed capacity of 50.55 MW.
Companies in the sector are proposing taking advantage of surplus energy and developing more generating capacity in order to become large exporters.
The proposal put forward by the Chamber of Energy (CEN) is to use the geological characteristics of the country to exploit energy generated from renewable sources such as solar, biomass and water.The President of the CEN explained that they suggested to the government that discussion be started so that Nicaragua"... can be a 'powerhouse' for exporting electricity, importing plants and occupying the regional market."
The International Finance Corporation will provide $150 million for the construction of a project to construct an electricity generation plant based on natural gas in the province of Colón.
This new loan is in addition to the syndicated loan in which Banistmo, Bancolombia, Banco Centroamericano de Integración Económica Banco General and Global Bank, announced in May 2016.
Six months after the regulations come into force in Costa Rica less than 150 requests have been logged to set up distributed generation systems.
Some attribute the lack of interest to the cost of installing the panels and the return on investment being in the medium term. Jorge Blanco, spokesman for the Costa Rican Association of Solar Energy (Acesolar) believes that "...
In the first five months of the year wind generated electricity exceeded 600 million Kwh, almost three times more than in the same period in 2015.
The national supply of electricity generated by wind power grew by 259% in the period January-May 2016 compared to the same period in 2015, according to figures from the Office of the Comptroller General of Colombia.
In March 2016 the electricity generation matrix was made up of 34% plant-based biomass, 22% coal, 24% hydroelectric, 14% bunker, 2.8% geothermal, 1.2% wind and the rest was biogas and diesel.
The report"Electricity Subsector Statistics up to May 2016"prepared by the Directorate General for Energy, at the Ministry of Energy and Mines, summarizes the main data for the sector up to May 2016.
The 43 MW generation plant based on biomass which recently opened in Choloma, Cortes, is part of a plan by the Hernandez administration to attract industrial investment.
The power generation plant based on biomass has the capacity to generate up to 43 MW and will be operated by the company Green Power Corporation S.A. de C.V., who will sell the power generated to private clients and to the National Electricity Company.