españolHonduras: 800MW in Renewable Energy for 2016Friday, June 4, 2010 Investors have promised $2.1 billion in renewable energy projects, which would generate 800MW by 2016. At an event where authorities awarded contracts for generating renewable energy, investors and project developers announced $2.1 billion in investment over the next 6 years. Nicaragua: $4 Million for Energy ProjectsMonday, June 21, 2010 The Organization of the Petroleum Exporting Countries (OPEC) has decided to finance a program for renewable energy generation. These resources are included in a batch of $170.7 million that the organization has earmarked for projects in 14 countries in Africa, Asia, Latin America and the Caribbean. Nicaragua: $497 Million in Renewable EnergyWednesday, December 23, 2009 The government of Nicaragua is planning considerable investment in renewable energy in the next 4 years. The announcement was made by Emilio Rappaccioli, Energy and Mines minister, in a press conference. He added they also plan to invest $203 million in rural electricity and up-keeping existing energy generation plants. El Salvador: $25 Million Investment in Cogeneration Power PlantMonday, July 12, 2010 The El Ángel sugar mill has invested $25 million to expand its cogeneration power capacity. Cogeneration is the simultaneous production of electricity and heat energy from a primary energy source. In this case the source is the burning of sugar cane waste, which is converted into heat and then power. El Salvador: $10 Million More for Wind FarmThursday, August 29, 2019 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 $10 million approved by Banco Cuscatlán for the construction of the wind farm will be added to the $43 million that Banco Agromercantil de Guatemala authorized in early July. Costa Rica: Cement Firm to Sell Hydropower StationMonday, May 5, 2014 Holcim is to start the process of selling its 80% stake in the 14.5 MW hydroelectric plant in Aguas Zarcas. The hydroelectric plant has functioned as a source of self-generation for the company, and has two water intakes, two roundhouses, four miles of canals, and a dam. Renewable Energy Consultants to be HiredFriday, June 19, 2009 Guatemala plans to put out consulting bids to support programs that incentivize participation in the development of renewable energy sources. The Department of Energy and Mines has received financing for a total of $500,000 from the Inter-American Development Bank (IDB) for the acquisition of goods and contracting connected to consultant services regarding the framework for the Social and Environmental Management Support Program for the Promotion of Private Participation in the Development of Renewable Energy Sources in Guatemala. Guatemala: Renewable Energy Conference HeadquartersWednesday, June 10, 2009 In April 2010, the II International Conference on Renewable Energy in Emerging Markets will be celebrated. The country was selected during the first edition of this event, which was held in the United States. Honduras: Renewable Energy is not ProgressingWednesday, May 6, 2009 Entrepreneurs are complaining that ENEE favors companies producing electricity with imported raw materials. Energy developers are complaining that the National Electricity Company (ENEE) is negotiating contracts with companies that work with imported raw materials, while a number of renewable energy projects are stalled due to lack of resolution. Current Legislation Blocks Investment in Renewable EnergyMonday, February 20, 2012 The Manufacturers Association of El Salvador is urging the Government to make changes to the legal framework that regulates the electrical system. The current legislation does not give priority to supplying the system with power generated from renewable sources, limiting investment in such projects. Guatemala adds 190 MW to the Power GridMonday, September 20, 2010 The start of operations of four generation plants during the first quarter of 2011 will add 190 MW to the electrical system. This will be a result of a $410 million investment in the construction of four plants (one coal-based and three hydroelectric). Hydroelectric Plants Generate Less EnergyMonday, August 5, 2019 Because of the lack of rain, during the first half of the year Guatemala reported a 27% drop in power generation with water compared to the same period in 2018, a situation that could put even more pressure on market prices. According to directors of the Association of Renewable Energy Generators (Ager), just in June 2019, the fall in generation by hydroelectric was 40% over the same month in 2018. Panama: Bajo Frio Hydroelectric to Increase CapacityWednesday, March 23, 2011 The regulatory agency authorized Fountain Intertrade to increase generating capacity to 58MW from 23.88MW. The resolution from the Public Utilities Authority authorizes an addendum to the Concession Agreement entered into with FOUNTAIN INTERTRADE CORP, registered at the Public Registry in File 561789, 1109747. Nicaragua: $103 Million for Renewable EnergyFriday, September 9, 2016 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: Germany to Boost Development Projects in the RegionTuesday, December 13, 2011 The German government will allocate about $27 million for regional health, violence prevention, energy and sustainable development projects. The German ambassador in El Salvador, Christian Stocks, and the Secretary General of SICA, Juan Daniel German, formalized the implementation of four projects. |
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