Ecuador’s National Assembly has approved the Organic Law Project to Promote Private Initiative in Energy Generation, aimed at addressing the ongoing energy crisis by encouraging renewable energy solutions and private investment. Source: PV Magazine LATAM
Ecuador and Japan signed a US$43 million loan agreement for the Chachimbiro geothermal project in Imbabura, Ecuador, which aims to achieve 50 MW of installed capacity. Source: ThinkGeoEnergy
The Ecuadorian Government, through the Electric Corporation of Ecuador (CELEC), has issued an invitation for Expressions of Interest (EOI) and financial proposals for consulting services related to the construction of a geothermal power plant at the Chachimbiro site. Source: ThinkGeoEnergy
The Government of Ecuador released its green hydrogen production roadmap and strategy. Key components include research, development, innovation, regulation, infrastructure, and international cooperation. Source: H2 News
HDF Energy and CELEC EP signed an MoU to jointly explore opportunities to develop HDF’s multi-megawatt hydrogen power plants in Ecuador. Source: HDF Energy
The Minister of Mines, Ecuador announced a concession to award 500 MW of non-conventional renewable energy generation projects to companies in Ecuador, Mexico, Spain and France. Source: PV Magazine LATAM
The KFC Ecuador Group started operation at its 1.5 MW solar plant. The plant is estimated to supply 90% of the energy demand of 13 fast food outlets in Quito. Source: PV Magazine LATAM
The Vice Minister of Electricity and Renewable Energy in Ecuador presented a roadmap and national strategy for the production and use of green hydrogen in the country. The goal is to achieve an energy transition by converting hydrogen obtained from renewable energy into a competitive and environmentally friendly energy vector. Source: PV Magazine LATAM
