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. Spanish Company to Build $124 Million Wind FarmThursday, November 3, 2011 Acciona Energía will construct and operate the 49.5 MW wind power plant in Chiripa, north west Costa Rica. The energy company was awarded the contract as a result of an invitation to tender held by Costa Rica's state-owned electricity and telecommunications provider (ICE). $ 190 Million for Geothermal Power Plant in NicaraguaMonday, November 8, 2010 The IFC will provide $ 50 million and mobilize an additional $ 140 million to support the construction of a new geothermal power plant. This plant is the largest project in Nicaragua in over 25 years in this sector. This initiative will foster the generation of renewable energy, expand electrification and help reduce the country's dependence on imported fuels. 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. Seminar on Renewable Energy in GuatemalaWednesday, May 7, 2014 German companies and experts in the renewable energy sector will take part in business roundtables on May 28 in Guatemala City. The meeting, organized by the Guatemalan-German Chamber of Commerce and Industry, will discuss issues related to renewable energy supplies. There will also be business appointments between German companies and regional companies. 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). Company Interested in Chan II Hydroelectric StationMonday, June 26, 2017 AES Panama may be interested in taking on the hydroelectric construction project, which until January of this year was granted in concession to Odebrecht. While the government is evaluating the way forward for the project, which remained unfinished after the concession to Odebrecht Energy Luxembourg was withdrawn in January, AES Panama, which currently operates five hydroelectric stations in the country, may have shown interest in assuming responsibility for the project. "... In fact, AES Changuinola is currently in charge "... of the operation and administration of the Changuinola I hydroelectric plant in Bocas del Toro." Wind Power in PanamaTuesday, May 8, 2012 Five private projects have been licensed for the development of wind energy projects, with investments totaling about $1 billion. The five projects approved by the National Authority of Public Services (ASEP) are in the province of Cocle. Honduran Authorities Don’t Know Who Minerco Resources IsFriday, July 2, 2010 Minerco Resources Inc. (OTC: MINE) recently announced that it will develop hydro power plant “Chiligatoro”, but government sources stated they don’t know this company. In a press release published in MarketWatch.com on June 1st, it was announced that Minerco Resources had received approval from the National Energy Commission of Honduras to develop Hydro Power Plant Chiligatoro. Costa Rica: 49 MW Wind Farm Starts OperationThursday, July 17, 2014 The "Chiripa" park in Guanacaste consists of 33 1.5 MW wind turbines and is operated by the consortium made up of the Spanish firm ACCIONA and Grupo Ecoenergía from Costa Rica. From a statement issued by ACCIONA Energy: Panama: Wind Power Blows StrongMonday, January 11, 2016 On January 1st, the Penonomé wind farm produced a fifth of all domestic electricity generation, or 5.1 GW/h. According to the Electric Transmission Company, SA (Etesa), the Penonomé wind farm in the province of Cocle, broke the record for energy production on the first day of the year, after reaching an operating capacity of 197.5 megawatts (MW), 21.7% of the national requirement . Panama: $80 million Biomass PlantMonday, September 7, 2015 Plans have been made to build a power plant in Colon using solid waste for fuel, with capacity to treat 450 tons of garbage a day. The company Aguaseo SA presented a proposal to the Mayor of Colon to build a plant for solid waste treatment and power generation, with capacity to generate 15 MW / h. The project, presented by Power Waste (Aguaseo SA) will be funded by the US consortium Gem Energy Consulting. Nicaragua: Clean Energy Maintains Stable Electricity RatesMonday, November 14, 2011 The production of wind energy and hydropower have kept the average cost of energy generation under $170. Energy production does not seem to have been impacted by increasing oil prices. International Energy Tender Attracts 24 CompaniesWednesday, August 31, 2011 A tender for the provision of 800 MW of electricity for the next 15 years has attracted companies producing energy using wind power, hydro power, biomass, bunker fuel, coal and natural gas. Among the companies interested in the bidding which will take place in January 2012 are, Cutuco Energy, Italy's Enel, los ingenios Pantaleón, La Unión and Magdalena, among others, said Carlos Colom Bickford, president of the National Energy Commission (CNEE). Wind Project Starts Operations in Cerro HulaWednesday, January 11, 2012 Since December 22nd, 51 turbines of 2.0 MW each have provided the National Electric Power Company in Honduras, with more than 100 MW. The wind farm, the largest in the region, is located 24 kilometers south of the capital, Tegucigalpa. The contract with the Honduran state energy company is for a 20 year term. |
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