españolNicaragua: $ 70 million for Power GridTuesday, February 1, 2011 The loan from the European Investment Bank will finance the improvement of the national electricity transmission network. The loan will finance the expansion and improvement of energy supply, increasing efficiency, improving service reliability and increasing power generation from renewable sources such as hydro, geothermal and wind. Study Will Measure Solar Energy Potential in El SalvadorThursday, June 24, 2010 Spanish corporation Solar Millennium will conduct a study to assess the potential and possibilities for solar energy generation in the country. CEL, the nation’s energy company, signed an agreement with Solar Millennium to share knowledge and technology for generating solar energy. $10 million to Banco FicohsaTuesday, November 22, 2011 The OPEC Fund for International Development (OFID) and Banco Ficohsa have signed a credit line to support continued access to long-term financing by SMEs. A press release from the OFID reads: International Seminar on Energy in NicaraguaTuesday, July 15, 2014 On August 20th and 21st energy companies in the sector in Latin America will meet in Managua to discuss issues related to energy management in the countries of the continent. The Latin American Energy Organization and the Ministry of Energy and Mines of Nicaragua are organizing the event, to be held on 20th and 21st August in Managua. Construction of New Wind Farm Begins in NicaraguaTuesday, September 14, 2010 Infima Renovables Company signed up the contract for the construction of a 40 MW wind farm at Rivas, Nicaragua. Infima Renovables, a company that has decided to expand its operations to Latin America, has just signed an agreement of outsourcing with Lacayo Fiallos Construction Company to design the project, conduct studies, supervise the construction and purchase the equipments for this Nicaraguan wind farm, dubbed "La Fé-San Martin". Honduras: Energy Contracts Still Awaiting ApprovalFriday, August 20, 2010 Contracts awarded for the generation and sale of 250 megawatts of renewable energy are still being reviewed. The Honduran Congress had intended to begin the first hearing of discussions on 18 August but this proved impossible due to continuing review process. Guatemala: Wholesale Electricity Market - February 2017Wednesday, March 1, 2017 The process of granting commercial status as distributed renewable generators has been completed for Hidroeléctrica Miraflores and Hidroeléctrica La Ceiba I, with installed capacity of 0.837 MW and 0.640 MW capacity, respectively. Energy: Millionaire Investments in Central AmericaMonday, March 25, 2019 During 2018, 39 environmental impact studies were presented in the countries of the region to build energy generating plants and work on electricity grids, projects estimated at $455 million. The interactive platform "Construction in Central America", compiled by the Trade Intelligence Unit at CentralAmericaData, includes an up to date list of public and private construction projects for which environmental impact studies (EIA) were submitted to the respective institutions of each country. Nicaragua: Reform to Laws on ElectricityFriday, September 11, 2015 The new contracts with renewable energy generators indicate that the contract price will be valid provided it is below that of thermal generation. From the preamble of the draft law which has already been approved: Solar Energy: New 50 MW FarmMonday, March 19, 2018 In the Dominican Republic, the construction of a solar farm has began, which in its first stage will provide 25 MW, and once it is operational, a further 25 MW. Through its subsidiary Emerald Solar Energy, the companies Potentia Renewables and Cisneros started the construction of the photovoltaic generation plant in Vicente Noble, Barahona. Energy: New 55 MW Geothermal PlantThursday, July 25, 2019 The Costarican Institute of Electricity delivered the Las Pailas II Geothermal Plant located in Curubandé, Guanacaste province, at a $366 million cost. According to projections, the work became more expensive and was delivered months late, since the 2016-2035 Generation Expansion Plan specifies that the plant had an initial cost of $335 million and was to begin operations in January 2019. The total final investment was $366 million. Nicaragua: Tax Incentives for Renewable EnergyThursday, May 28, 2015 The Executive has submitted a reform bill to extend tax benefits for investments in renewable energy projects until January 2018. Among the tax incentives that exist for investment in renewable energy is exemption from the "... Import Custom Duties (DAI), Value Added Tax (VAT) and Income Tax (IR). " Environmentalism at the Expense of PovertyTuesday, March 25, 2014 Current policies against global warming are generating higher energy costs hurting the poorest in particular. An article by Bjørn Lomborg, published in Nacion.com, notes that "Energy generation using solar and wind power received $6o billion in grants in 2012 alone. This means that the world spent $60 billion more on energy than was necessary. And as the climate benefit achieved amounted to a mere $1.4 billion, this means basically that $58.6 billion of the subsidies was wasted. In addition, a further $19 billion in subsidies was spent on biofuels which basically provide no climate benefit. All that money could have been used to improve health care, hire more teachers, make better roads or reduce taxes. " Electricity Consumption Up 3%Thursday, August 9, 2018 In the first six months of the year, electricity consumption in Panama reported an increase of 3.2% compared to the same period in the previous year. According to figures from the Office of the Comptroller General of the Republic, between the first half of 2017 and the same period in 2018, the country reported an increase in electricity consumption, rising from 5,200,849 thousand Kwh to 5,366,318 thousand Kwh. Energy in Development ZoneFriday, June 10, 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. |
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Tuesday, January 19, 2021 - last update: 4:41 pm
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