Costa Rica - Page 6 of 10 - New Energy Events

$12M donation for Costa Rica’s renewables projects
July 16, 2018
The International Fund for the Environment (GEF) has announced a $US12m donation to Costa Rica, which will aim to support the further development and implementation of green policies and projects over the next four years. This donation represents an increase in US$ 4m from last year’s donation. The resources will be used primarily to strengthen […]
Costa Rica is now a member of IRENA
July 6, 2018
Costa Rica is officially a member of the International Agency of Renewable Energy (IRENA). This organization, with a membership of 158 countries, is a non-governmental agency based in Abu Dhabi with an objective to create an international network and build strong cooperation with nations that are developing renewable energy. IRENA also provides guidance and […]
Solar project to provide energy for American businesses in Costa Rica
July 4, 2018
Costa Rica is building a 97 KW solar project in a Free Zone – one of the most important business regions of the country, as it has the characteristic of promoting innovation and investment through the provision of benefits and incentives from the Federal Government. The installation will be completed by local company, Enertiva, and […]
Local investors to acquire 21 MW wind farm in Costa Rica
July 2, 2018
MPC Caribbean Clean Energy Fund and ANSA McAL are about to acquire a 21 MW wind farm in Tilaran, Costa Rica. While the wind farm has been in operations since 2015, the project has a potential of growing to a 40 MW wind farm. This is not the first renewable project to be acquired by […]
Costa Rica to invest $500m in clean energy
June 25, 2018
Costa Rica has signed a credit line with the Inter-American Development Bank (IDB) for US$500 million to drive clean energy development in the electricity and transportation sectors. Costa Rican President, Carlos Alvarado, has prioritized decarbonization for the electric sector, and wants to lead in the transportation sector, as well. “A nation that produces 99% of […]
Costa Rica to receive $500m loan for Borinquen geothermal project
May 24, 2018
In mid-May the Legislative Assembly of Costa Rica approved a piece of legislation authorizing an agreement of a line of credit for $ 500 million to the Costa Rican Electricity Institute (ICE) from the Inter-American Development Bank (IDB) ). The line of credit provides ICE with money to finance geothermal energy programs. It also includes resources […]
Costa Rica looks to waste gasification to achieve sustainability goals
May 23, 2018
On its path to environmental sustainability, Costa Rica is now setting out to to solve its waste management problem. Total Waste Energy Solutions (T.E.W.S) has submitted a proposal to build the largest waste-to-energy gasification plant in Latin America. It will be unique in Latin America as the only solid waste energy park, which will include […]
Costa Rica’s 7th geothermal plant is 80% complete
April 26, 2018
In Costa Rica’s Guanacaste province, the construction of the Las Pailas II Geothermal Project is 80% complete. The installation of the Mitsubishi Hitachi turbine is exceeding the established schedule, keeping the progress swift, with preliminary tests to begin in October. Elsewhere on the project site, much has already been completed, including transmission, reinjection systems, drilled […]
Costa Rica utility signs MOU with UAE’s Masdar to develop solar and storage
April 25, 2018
Following the recent entry into the region with the UAE-Caribbean Renewable Energy Fund, Abu Dhabi-based energy firm Masdar has formed a partnership with Costa Rica. Masdar and state-run utility Costa Rican Electricity Institute (ICE) have signed an MoU to share technical knowledge and project experience for renewable energy development. The agreement aims to promote collaboration […]