Power plant
in Central America
Monday, May 7, 2012
The National Energy Board of El Salvador has approved a Regulatory Framework for the Promotion of Renewable Energies.
From a press release from the Salvadoran Association of Industrialists (ASI):
In order to continue promoting power generation using renewable energy sources, the National Energy Council (CNE in Spanish) has revealed the adoption of a Regulatory Framework for the Promotion of Renewable Energy which will generate the policies and regulatory and financial measures needed to attract investment in these technologies.
Thursday, April 26, 2012
Globeleq Generation Limited (Globeleq), an energy company, announced the acquisition of a 100% stake in the project Eolo de Nicaragua S.A. which aims to generate 44 MW.
Eolo is in the province of Rivas on the shore of Lake Nicaragua, about 125 kilometers south of the capital, Managua. The electricity will be produced using 22 wind turbines of 2.0MW each, and will be sold through two trade agreements for the purchase of energy within 20 years to the private companies Distribuidora Eléctricidad de Sur S.A. (DISSUR) y Distribuidora Eléctricidad de Norte S.A. (DISNORTE), both subsidiaries of Gas Natural from Spain.
Monday, April 23, 2012
Panama is a primary destination in the investment plans involving Latin America energy projects for the company Celsia, formerly known as Colinversiones.
Celsia has 800,000 million pesos ($ 450.57 million) available for new investments and about $200 million in assets that could be sold if necessary, said company president, Juan Guillermo Londoño.
Monday, April 9, 2012
Congress has approved a contract for the use of waters by a geothermal plant in Platanares which will produce 35 KW.
The approved contract gives the operator the same time period for exploiting the resource as projects generating electricity from renewable resources and makes them responsible for any damages incurred by their work.
"Article one of the a decree approves 'each and every one of the parties a contract, for the use of domestic water for geothermal power generation, between the Ministry of Natural Resources and Environment via the Platanares Geothermal Project', in the municipality of La Union department of Copán," published Laprensa.hn.
Thursday, March 29, 2012
Located in Alta Verapaz, the Santa Teresa Hydroelectric Plant is capable of generating 16.4 megawatts (MW).
The hydroelectric plant is part of the Energy Division of Corporación Multi Inversiones.
"The energy produced by the station can supply approximately 25,000 households with an average consumption of 250 kilowatt hours a month, said the company’s public relations office .
Thursday, March 29, 2012
In El Salvador, power generating companies believe that the proposed reforms would be detrimental to legal certainty and would discourage investment.
Suggested proposals include changing the pricing scheme for power generation based on production costs, amending it to make it related to the procurement of energy under a free competition system with long-term contracts, and changing the frequency of adjustments in electricity rates.
Wednesday, March 28, 2012
The Development Bank of El Salvador has a credit line for replacing equipment with more efficient technology in terms of energy consumption.
The Development Bank of El Salvador (BANDESAL) has $17 million available in a credit line to grant to companies who opt to renew their equipment and use technologies which lead to energy savings.
Monday, March 19, 2012
The process was unable to be completed after the withdrawal of offers from firms with capacity to generate electricity required.
The company DelSur on Monday declared void the tender for the generation of 350 MW, equivalent to one third of the El Salvador’s national demand, which it had planned to contract out for 15 years from 2016.
Monday, March 19, 2012
The Terra Group is planning a wind farm in San Marcos de Colón capable of generating 50 MW, with an investment of $150 million.
The Honduran Terra Group is an energy company who with this investment proposal, would make his first foray into the field of wind energy. It already has investments in energy in Honduras, Guatemala, El Salvador and now in Peru.
Friday, February 24, 2012
In 2011 Costa Rica increased its use of fossil fuels by 24% in order to meet the demand for energy.
Data from the Regulatory Authority for Public Services (Aresep) shows that power generation based on diesel and bunker fuel grew by 24% in 2011 compared to 2010, going from 706.529 MW / h to 930.970 MW / h.
Friday, February 17, 2012
Costa Rican Industrialists have presented the government with an update list of equipment that is tax-exempt because it optimizes energy use.
Agustin Rodriguez, a member of the Institute for Business Excellence of the Chamber of Industries, said the aim is to improve the existing Act 7447, which regulates the rational use of energy by the public and private sectors.
Friday, February 17, 2012
The National Energy Board has presented the "Strategic Guidelines for the expansion of electricity generation in El Salvador 2012-2026" containing options for the sector in the coming years.
CNE's statement reads:
The National Energy Council (CNE) presented to industrial union members in the Salvadoran Association of Industries (ASI), a technical study entitled "Indicative Plan for the expansion of electricity generation in El Salvador 2012-2026" which details the alternatives for the electricity supply in the coming years.
Wednesday, February 8, 2012
This is the sum that the distributors intend to invest in improving service delivery in 2012, which includes the construction of two new substations.
The AES in El Salvador invested a total of $26.3 million in 2011 on improving the quality of electricity service, and this year, plans to invest about $24 million, including making two new substations.
Monday, February 6, 2012
Industrialists of Panama have declared the prevention of the development of hydroelectric projects where the Ngäbe Bugle indigenous peoples reside, a grave error.
The trigger for the current confrontation between the Panamanian government and the indigenous Ngäbe Bugle group is the elimination of Article 5 of Bill 394, which prohibits not only mining but also hydro stations "not only in Ngäbe Bugle, but in any surrounding areas anywhere in the country where this ethnic group is present."
Wednesday, January 18, 2012
By 2026, the country will generate 78% of its energy from renewable sources.
The changes proposed to the Generation System Expansion Plan 2012-2026 have already been approved by the Ministry of Energy and Mines (MEM).
In 2012, it is is expected to generate 50.5% from hydroelectric sources, 3.6% from geothermal sources, 3.5% from bunker fuel, 12% from biomass, 9% from the electrical interconnection with Mexico and 21.3% from coal.