Solar Plant Project for $35 million in PanamaWednesday, February 4, 2015 An environmental impact study has been submitted for the construction of a solar power plant generating 19.8 MW in the village of Boqueron, Chiriqui. The Company SDR ENERGY PANAMA SA has submitted an EIS to build a solar photovoltaic plant with capacity to generate 19.8 MW, to be built in two stages, each of 9.9 MW. Honduras: 50 MW Wind Farm Starts OperationsMonday, February 16, 2015 An announcement has been made of the launch of a wind power generation plant built and operated by the company Terra Energy in San Marcos de Colón, in the department of Choluteca. The plant has the capacity to generate 50 MW, with 25 wind turbines and is located south of the capital. The project required an investment of $100 million and was completed before the agreed time, three years. Honduras: Three Power Contracts EndorsedThursday, March 3, 2016 The Legislature has approved on their third reading contracts for wind power in a 3,615 MW project, an electrical project in La Ceiba and one in Colón. From a statement issued by the National Congress of Honduras: Geothermal San Jacinto Tizate Begins OperationsThursday, September 1, 2011 The system will be tested in October and in December steam from the plant’s wells will generate 36 MW which will be delivered to Nicaragua’s electrical system. Executives from the company, Polaris Energy, responsible for the project, said that tests will start in October and in December the plant will be directly connected to the National Interconnected System (SIN in Spanish). Energy Companies Interested in GuatemalaThursday, May 19, 2011 Eighteen companies specializing in wind energy want to sell electricity in the country. Cutuco Energy, Renewable Energy and Eólico San Antonio el Sitio are among the companies seeking to participate in the tender to prepare three electricity distribution centres in the country. New Date for Tender for 350MW in El SalvadorThursday, January 12, 2012 The General Superintendency for Electricity has set a new date, February 9th 2012, for the deadline for submission of bids for the long term supply of 350MW. With this move the regulator has ruled in favor of the company Cutuco Energy who appealed against a change in the date. $159 Million for Wind Farm in HondurasMonday, August 23, 2010 The US Ex-Im Bank has approved a $159 million loan to the Honduran wind power company, Energía Eólica de Honduras S.A., to purchase 51 2MW turbines. The 51 Gamesa G-87 wind energy turbines are for the Cerro de Hula project that seeks to provide 102MW of renewable clean energy. Honduras: $11 Million for El Nispero DamnTuesday, May 27, 2014 With the investment in two new turbines the plant 's lifespan has been lengthened and annual production increased by an additional 26 GWh. In addition to reducing the high costs of maintenance, the repowering of the hydroelectric station aims to gradually increase its ability to reach a production of 80 GWh per year, with surpluses being sold to the state at a lower price than at present, generating savings of $2.90 million a year. Iceland Analyzes Nicaragua's Geothermal PotentialMonday, November 17, 2014 As part of the Geothermal Energy Master Plan a delegation of experts will be arriving from the volcanic country where 100% of the energy matrix is renewable. Nicaragua's Geothermal Master Plan has identified 10 potential sites for geothermal generation of about 1,700 MW, located along the Pacific volcanic range. New Wind Power Plant in Costa RicaMonday, January 6, 2014 By the end of 2014 the Spanish company Gamesa expects to complete the construction of a 50 MW wind farm in the province of Guanacaste. From a press release by Gamesa: Geothermal Project Receives $160 Million FinancingTuesday, September 20, 2011 The San Jacinto Tizate geothermal project in Nicaragua, has received an initial installment of $104 million in financing, from a total loan of $160 million, which will be used to complete work on the second phase. Antonio Rodriguez, CEO of San Jacinto Tizate, told El Nuevo Diario that part of the work is completing the installation of a second turbine. Gas Plants in Puerto La Union AcceptedThursday, May 17, 2012 The new mayor will maintain the ban on power plants using coal or bunker fuel, but accepted those running on clean energy. The new mayor of the municipality of La Union, Ezequiel Milla, has amended a decree prohibiting the installation of power plants that used coal, liquefied natural gas or any derivation of hydrocarbons as fuel, which was not conducive to investment in the city. Panama: Only One Bid for Hydroelectric Chan IIWednesday, May 7, 2014 Three companies purchased the tender documents but only Odebrecht Energy submitted a proposal for the construction of the 213 MW dam. Following the expiration of the four month period to prepare proposals, the Brazilian Odebrecht Energy Luxembourg, was the only company that submitted a bid for the construction of the project, estimated at $1 billion. The company had to demonstrate its direct involvement in three other hydroelectric projects implemented in the form of design, supply and construction in the past 15 years and provide a bond for $75 million to support the implementation of the Chan II hydropower station. Panama: $300 million for Wind FarmFriday, December 19, 2014 The World Bank has approved a loan of $300 million for the construction of the second and third stages of the Penonomé wind farm, which will have a capacity of 215 MW. From a statement issued by the International Finance Corporation (IFC): Insecurity and Conflict Discourage InvestmentsMonday, October 15, 2018 Lack of legal certainty, electricity theft and social conflicts are forcing businessmen in Guatemala's energy sector to choose to relocate their investments to El Salvador. Last year, the companies Applied Energy Services (AES) and Corporación Multi Inversiones (CMI), both US and Guatemalan capital, decided to invest $47 million in solar energy projects, encouraged by the facilities offered to the energy sector in El Salvador. |
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