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Costa Rica

  • 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 […]

  • Japan donates 60 electric vehicles to Costa Rica

    March 28, 2018

    The Government of Japan delivered 60 electric and hybrid vehicles, including Toyota’s and Mitsubishi’s to the Government of Costa Rica promoting the economic and social development of Costa Rica and support efforts to reduce the national impact of global warming. The initiative is part of the Overseas Development Agreement between the two governments, through which […]

  • Costa Rica eliminates taxes for electric vehicles

    January 29, 2018

    Costa Rica’s goal of carbon neutrality by 2021 is closer with the passage of a new law meant to encourage the uptake of electric vehicles. Last week, the government adopted a new initiative to eliminate sales, customs, and circulation taxes for electric vehicles and a free parking scheme. Under the new law, municipal parking facilities […]

  • First public EV charging station opens in Costa Rica

    February 6, 2017

    Costa Rica has just inaugurated its first public electric vehicle charging station which will offer free public access for all EV’s for two years. Costa Rica is a leader in renewable energy, but as it aims for carbon neutrality the nation must tackle vehicle emissions. An alliance with the CNFL electric company and BMW is enabling […]

  • Central America receives $92.5m IFC investment for clean energy financing

    January 24, 2017

    IFC, a member of the World Bank Group, has provided $92.5 million in long term financing to four subsidiaries of Grupo Promerica in four Central American countries to boost access to finance for small and medium enterprises. Though small and medium enterprises are engines of job creation, representing 95 percent of all companies in Costa […]

  • Costa Rica seeks carbon neutrality by 2021

    January 20, 2017

    President of Costa Rica, Luis Guillermo Solis, announced during the opening of Abu Dhabi Sustainability Week that the country was aiming to achieve carbon neutrality by 2021. The Central American nation already sources 98 per cent of its electricity from renewables, according to the Costa Rican Electricity Institute (ICE). Costa Rica ran solely on renewable […]

  • Coming to Costa Rica: charging stations for EVs

    December 8, 2016

    Costa Rica is a renewable energy powerhouse – often going weeks running its infrastructure with renewable energy only – so to lower carbon emissions further, the focus is shifting onto electric vehicles. South Korea’s POSCO ICT Co. announced Tuesday it has installed electric vehicle recharging stations in Costa Rica as part of its project to […]

  • Japanese geothermal targets Latin America

    November 30, 2016

    Mitsubishi Hitachi Power Systems Ltd., a venture between Mitsubishi Heavy Industries Ltd. and Hitachi Ltd., is eyeing Latin America to export its geothermal turbines, hoping to supply equipment for projects backed by Japan’s aid agency. The company, which announced winning an order in October to supply a 55-megawatt turbine for a project in Costa Rica, […]

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