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Costa Rica

  • Costa Rica inaugurates 50-MW hydroelectric plant

    November 26, 2015

    A new 50-MW hydroelectric plant in Costa Rica will reprocess water discharged from two existing hydropower plants. According to Salvador Gabarro of Gas Natural Fenosa, the company that won the bid to from the ICE to develop the project in 2008, “This power plant represents the efforts of our energy group to bring continuity to […]

  • Costa Rica used 98.8% renewable power so far in 2015

    November 20, 2015

    A report published by the Costa Rican Electricity Institute (ICE) earlier this month stayed that 98.82% of Costa Rica’s electricity for 2015 has come from renewable energy sources – namely hydro, geothermal and wind power. The country has operated on renewables-only for 255 our of 310 days in the year so far. Read more about […]

  • Geothermal is an important element of Costa Rica’s renewable energy future

    October 23, 2015

    Costa Rica aims to become the first CO2 neutral nation by 2021. “From January to October, we produced 98.7% of our electricity from renewable energy”, says Elbert Duran, communications director of the Costa Rican Institute of Electricity (ICE). Next year, the country plans to achieve 100% green electricity. While hydropower has been the first source of […]

  • CABEI supports clean energy projects in Costa Rica

    September 12, 2015

    Earlier this week, the Central American Bank for Economic Integration signed a loan to support clean energy projects in Costa Rica, including solar power and biomass. The $USD 30 million loan will be distributed through the National Institute for Cooperative Development.

  • Indonesia and Costa Rica Sign Geothermal Cooperation Agreement

    August 28, 2015

    Indonesia and Costa Rica have signed a framework to increate bilateral cooperation between the two countries. According to the Jakarta Post, the Indonesia Foreign Minister Rento LP Maraud and Costa Rica’s Foreign Minister, Manuel Gonzalez Sanz, signed an agreement of cooperation on Sunday of last week. Though the agreement includes multiple sectors, such as disaster […]

  • Costa Rica’s Carbon Neutral Path

    August 24, 2015

    Will Costa Rica be the world’s first carbon neutral country? In 2012, Costa Rica declared its intention to reach carbon neutrality. This year, the country has generated 94% of its energy from renewables. Between May to August, the country operated exclusively off of renewable energy for 94 days, beating its own record from earlier this […]

  • Costa Rica Hits 94 Days of 100% Renewable Energy Generation

    August 17, 2015

    During the 94-day period between May 8th and August 9th, Costa Rica generated 100% of its electricity from renewable energy. Earlier this year, Costa Rica generated 100% of its electricity from renewables for a period of 75 days. Costa Rica has had 188 days in which 100% electricity was generated from renewables. According to the Costa […]

  • $958 Million Geothermal Project Approved By Costa Rican Legislature

    July 21, 2015

    Last week, the Costa Rican Legislative Assembly approve a $958 million geothermal project. Funding comes partially from JICA and the European Investment Bank, with the remainder provided by the Costa Rican Electricity Institute. With these funds, four 50 – 55MW plants will be constructed. They are expected to produce electricity at a cost of 5 […]

  • Costa Rica’s renewables output reaches 98.6% in H1 of 2015

    July 7, 2015

    Costa Rica received worldwide attention earlier this year for using 100% renewable energy for the first 75 days of 2015. As the first half of the year comes to a close, Costa Rica reports in on its energy mix.

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