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: Colombia's Interest in Energy Sector in Central AmericaWednesday, June 18, 2014 Hydroelectric projects and expansion of distribution networks are part of the opportunities that Colombian Power firms are looking to take advantage of in the Isthmus. There are now three Colombian energy sector companies that have decided to venture into Central America to be part of the development of an activity that still has much room for growth in the region. Colombian Energy Company Sets up in Costa RicaTuesday, June 17, 2014 Energy EPM which already has a presence in Guatemala, El Salvador and Panama, has reaffirmed its interest in the region with the opening of another branch. From a statement issued by EPM Group: Panama as Solar Energy MarketMonday, June 16, 2014 The growth of electricity demand and favorable prices ranging from between 20 and 40 cents per kilowatt hour have been highlighted as most noteworthy. It is expected that the solar market will add 700 megawatts of new capacity in 2014, representing 2 percent of world demand in the solar market until 2018. This rate requires developers to move with speed in order to enter new countries. Panama: License for 20 MW Solar ParkThursday, June 12, 2014 SDR Energy Panama SA has been granted a provisional license to build and operate a solar plant in the province of Chiriquí called Boqueron. From a resolution issued by the National Authority of Public Services (ASEP) Panama: $1049 billion for Hydropower Station Chan IIFriday, May 30, 2014 GDF Suez and Enel Green Power did not submit bids and in the end the 50 year concession of Changuinola II went to the only remaining contestant, Oderbrecht Energy. The financial offer made by the Brazilian company for the 213 MW hydro station exceeded, by $419 million, the cost of the Chan I plant, whose generating capacity is similar and which also uses the Changuinola river as a common source. 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. Panama: El Alto Hydroelectricity Station to Issue $90 million in BondsMonday, May 19, 2014 Hydro Caisán requested permission for its second corporate bond issue which it aims to use to restructure liabilities. After having completely placed a $130 million bond issue in 2012, the company Hydro Caisán, SA has asked the Superintendency of Securities (VPS) for approval for a new issue of up to $90 million, with the aim of paying off in advance the existing bonds of Generadora Pedregalito, S.A. and Generadora Alto Valle, S.A 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. 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. Central American Forum on Sustainable ConstructionMonday, May 5, 2014 Businesses and professionals will meet on May 20-21 in Costa Rica to discuss issues related to design, architecture and sustainable building. From a statement issued by the Green Building Council of Costa Rica: Union Halts Energy InvestmentThursday, April 3, 2014 Syndicalists from Empresa Nacional de Energía Eléctrica de Honduras are blocking the progress of the enlargement of the El Níspero dam, which will add 6 MW to its generation capacity. The installation of two new turbines by PHP Energy at the El Níspero dam could not be carried out because of a blockade put in place by a group of trade unionists from the Empresa Nacional de Energía Eléctrica. Natural Gas Found Underground in Nicaraguan CaribbeanWednesday, April 2, 2014 Infinity Energy has confirmed that the analysis of seismic studies in the Caribbean zone where they have a concession suggest the existence of deposits of natural gas. An article in Rlp.com.ni reports that Stanton E. Ross, CEO of Infinity Energy Resources, noted that "... an analysis of recent seismic data, undertaken by the geosciences company CGG determined, through seismic mapping, 'the presence of a fifth structure below our oil and gas concessions offshore." Israelis Buy Four Power Plants in NicaraguaTuesday, March 25, 2014 IC Power has acquired two power plants based on bunker fuel and two using wind power through its subsidiary Inkia Energy. The company of Israeli origin with market presence in the Central American market signed with AEI Power a contract to purchase four power plants capable of generating 185 MW. The Business of Gas Stations in GuatemalaTuesday, March 18, 2014 There has been a reduction in the number of independent gas stations and an increases the presence of corporate brands. The gas stations business in Guatemala has been transformed in recent years, as fewer and fewer service stations are being operated by independent companies, many of which have sold their establishments or been acquired by international franchise brands. |
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