Nicaragua Covers 48% of Demand with Renewable EnergyTuesday, January 17, 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: Costa Rica: Strategy for Natural GasTuesday, September 25, 2012 The Costa Rican Petroleum Refinery company (RECOPE SA) has proposed a strategy to participate as a bulk importer and distributor of the product. A statement from the Costa Rican Oil Refinery (RECOPE) reads: Implications of a $1 billion InvestmentWednesday, June 8, 2016 The 380 MW natural gas plant to be built by AES in Panama promises to change the country's energy matrix, and the way energy is generated and distributed in Central America. The economic flow that has already started with the construction of the gas plant in the province of Colon will be felt not only in the energy sector in Panama, which could become an energy generating and distribution hub in the region, but also in other productive sectors that will benefit from greater stability in energy costs and generate greater dynamism in logistics and shipping. Dominican Republic: 40 MW of Power AwardedThursday, November 16, 2017 Although distributors aimed to award up to 428 MW, only the Empresa de Generación Eléctrica de Haina presented a price in its offer which was lower than the maximum value established, $0.86 / Kwh. From a statement issued by Corporación Dominicana de Empresas Eléctricas Estatales: El Salvador: Electricity Rates Down 10%Wednesday, January 15, 2020 Between January 15 and April 14, 2020, the electricity tariff will decrease by an average of 5% compared to the price reported in the previous quarter. The contribution of renewable energy registered a significant increase in the system, reaching 67% of the injections in the Wholesale Market in the last quarter, while in the previous quarter it was only 46%, being this the main reason behind the reduction in the tariffs. El Salvador: Exports Up 17%Thursday, March 1, 2018 In January 2018, exports totaled $500 million, 17% more than in the same month in 2017, and sales of sugar and clothing accounted for most of the increase. The Central Reserve Bank (Banco Central de Reserva or BCR) reported that during the first month there was a noteworthy " ... positive result from 24 branches of the economy with export records, with the greatest contributions standing out as those from the sugar industry with US $35.8 million, maquila industrial services with US $16.4 million and textiles and their apparel with an additional US $11.2 million." El Salvador: Exports Up 6%Friday, October 6, 2017 Between January and August 2017 exports totaled $3,851 million, 6% more than in the same period in 2016, mainly explained by sugar exports. From a statement issued by the Central Reserve Bank: El Salvador: $3,197 million Exported to July 2012Wednesday, August 29, 2012 From January to July 2012, exports totaled $3.19 billion, registering a negative growth rate of -1.5% per year, compared to the same period in 2011. From a press release by the Central Reserve Bank of El Salvador: El Salvador: Exports up to April 2019Friday, May 31, 2019 In the first four months of the year, sales abroad reached $1.932 million, 4% less than reported in the same period of 2018. From the Central Reserve Bank report: El Salvador: Trade Deficit Increases to 14%Friday, July 5, 2019 During the first five months of the year, the balance of the country's trade balance reached -$2,521 million, 14% higher than that reported in the same period in 2018. From the Central Reserve Bank report: El Salvador: Exports Up 6% as of October 2017Wednesday, November 29, 2017 The five countries that increased demand for Salvadoran goods were China, Guatemala, Mexico, Honduras and Vietnam, with increases of more than $20 million and which together amounted to $166 million. From a report by the Central Bank of El Salvador: Oil Bill Still DownWednesday, October 16, 2019 In the first nine months of the year, Salvadoran purchases abroad that make up the oil bill totaled $1.122 million, 9% less than the amount reported in the same period of 2018. The oil bill is composed mainly of gasoline ($341.7 million), diesel ($307 million), liquefied gases and propane ($171 million) and fuel oil (Bunker C) with ($133.2 million), informed the Central Reserve Bank (BCR). El Salvador: Fewer Exports in the First QuarterThursday, May 2, 2019 In the first three months of the year, the country's foreign sales reached $1.466 billion, which is $16 million lower than what was reported in the first quarter of 2018, a decrease explained by the behavior of exports from the manufacturing industry. From the Central Reserve Bank report: El Salvador: Foreign Trade in September 2015Wednesday, October 28, 2015 In September 2015 exports of goods and services recorded an increase of 5% compared to the same period in 2014, led by non-traditional exports. From a report by the Reserve Bank of El Salvador: Guatemala: Tax Calendar for April 2017Tuesday, April 11, 2017 Memorandum on tax exemptions for call center activities, development of software and digital content, and schedule for payments of tax liabilities in March 2017. From a Memorandum sent by Tezó and Associates: |
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