IDB to help Costa Rica boost renewables and grid capacity

The Inter-American Development Bank (IDB) has extended a USD 500 million credit line to Costa Rica to increase its renewable energy capacity and to expand its transmission and distribution networks.

Although Costa Rica sourced 98.8% of its energy thus far in 2015 from renewable sources, energy demands will increase significantly in the future. According to the IDB, efforts to further integrate renewable energy supplies will further stimulate economic growth.

Read more about renewable energy in Costa Rica here.