Guatemala Authorizes Geothermal ExplorationWednesday, September 7, 2011 The regulator has granted a temporary license for the exploration of the geothermal energy projects known as "Gloria" and "La Chinita". The Ministry of Energy and Mines (MEM), via the Ministerial Agreements 129-2011 and 157-2011, is providing a temporary license for one year for geothermal exploration, to the company Gulf Resources, SA. Energy Study Authorized in Madre ViejaWednesday, June 27, 2012 The Ministry of Energy and Mines in Guatemala has temporarily authorized hydro power station El Retiro to perform an energy study at the Madre Vieja river. "The approval is for a maximum period of one year, for the use of the river Madre Vieja, between the following markers: maximum 1.120 meters above sea level and a minimum of 940 meters above sea level, located in the municipality of Pochuta, Chimaltenango", reported Prensalibre.com 50 MW Solar Park in Guatemala ConfirmedFriday, February 15, 2013 The park will be developed by the Spanish group Ortiz, one of the winners of the latest tender for power, with an initial investment of $27 million. President Otto Perez Molina met in Spain with executives of Grupo Ortiz, during an investment seeking tour of Guatemala. Guatemala: 40 MW Hydroelectric Power Plant EndorsedThursday, January 30, 2020 The Ministry of Energy and Mines approved the Rocja Pontila Central hydroelectric project, which will be built on the Icbolay River in Alta Verapaz and will have an installed capacity of 40 megawatts. The authorization for the hydroelectric plant owned by Proyecto de Desarrollo Integral Pontila, S.A., was issued in Agreement 019-2020 of the Ministry of Energy and Mines (MEM) dated January 13, 2020. Natural Gas Field in GuatemalaWednesday, September 11, 2013 The company City Petén has discovered a reservoir of high quality condensate, rich in butane and propane, in an oil well in Ocultún, Petén. "Everything indicated that Guatemala only had heavy oil with high sulfur content. However, this discovery of natural gas is changing the energy mix in the medium term, " said Luis Ayala, director of Hydrocarbons of the Ministry of Energy and Mines. Guatemala: Review of Power TenderWednesday, January 15, 2014 An evaluation is being made on whether to raise from 250 MW to 400 MW the PG3 tender in order to compensate for the delay in the project by Jaguar Energy, projected to be 600 MW for this year. The Ministry of Energy and Mines and the National Electric Energy Commission are looking at increasing the energy in the PEG 3 tender from 250 MW to 400 MW. The contest will take place between April and June. Upcoming Power Tender for 250 MW in GuatemalaFriday, September 13, 2013 On September 19 a tender will be launched by Empresa Electrica de Guatemala and Energuate for the long-term supply of 250 megawatts . The information was confirmed by the Minister of Energy and Mines (MEM), Erick Archila. Geothermal Energy in GuatemalaMonday, December 3, 2012 Along with the two geothermal power plants that already produce about 30 MW, another will be added that will generate up to 25 MW, and the sale of whose energy for the next 15 years has already been negotiated. The "El Ceibillo" geothermal project, owned by U.S. Geothermal Guatemala SA, will be built on a area of six hectares in the town of Amatitlan, with an investment of $120 million. Guatemala: 788 MW Power TendersFriday, September 20, 2013 The MEM has launched two tenders to ensure energy supply for the next 18 years, prioritizing renewable energy resources. From a press release from the Government of Panama: Guatemala: Delays in Energy ProjectsTuesday, December 3, 2013 Delays in the construction of 45 power plants which have already been awarded are mainly due to social issues and permits. According to Edwin Rodas, Deputy Minister of Energy, 40% of these projects have been delayed because of financial issues, social problems and lack of permits for easements. Starting May 2015 these plants will have to supply power to Energuate and Empresa Electrica de Guatemala SA (EEGSA). Construction of Hydroelectric Station Xalalá RevisitedTuesday, October 22, 2013 The Guatemalan government plans to raise $400 million to produce 181 megawatts of hydroelectric power in Alta Verapaz. This was announced by the chief of Energy and Mines (MEM), Erick Archila. Initially, "the design of this project included generating up to 350 MW, however, in 2005 a study reduced its potential to 181 MW which is the same as the current proposal by the the country's energy authorities," noted an article in S21.com.gt. Guatemala Tenders 250 MW of Geothermal PowerThursday, October 17, 2013 The MEM will put out to tender geothermal energy supply, with an investment of around $500 million per 100 MW. "It will be the first time that an invitation has been made for this kind of technology," said the chief of the Ministry of Energy and Mines (MEM), Erick Archila. He said the country has the capacity to generate 850 MW but "has not exploited it properly, only 2% is being used." Guatemala Has Exportable Surplus of ElectricityWednesday, November 20, 2013 Guatemala is the most interested country in speeding up regulation establishing the model of firm contracts within the regional electricity market. This was explained by Guatemalan Vice Minister of energy, Edwin Rodas. Difficulties in Power Generation in GuatemalaTuesday, October 22, 2013 More than 45 power plants which are being built with an investment of more than $1.1 million face social, technical and financing problems. Prensalibre.com reports: "The works are part of the tenders in the Generation Expansion Plan made in 2010 and 2012 for long-term contracts, which seek to ensure the supply of energy for Empresa Eléctrica de Guatemala (EEGSA) and Energuate ... ". Nicaragua: Albanisa Produces More Than 50% of EnergyThursday, July 8, 2010 The Ministry of Energy and Mining indicated that more than 50% of the country’s energy is supplied by plants owned by Alba de Nicaragua S.A. (Albanisa). Emilio Rappaccioli, head of the ministry, added that prices will remain stable and that, at the moment, 77% of the energy is from thermal power stations while the remaining 23% comes from renewable sources. |
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