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Guatemala

  • Guatemala launches renewables and efficiency focused national energy plan

    December 14, 2017

    This week Guatemala launched a national energy plan that aims to reduce emissions of greenhouse gases in the country by 29.2% by 2032. Prepared by the Ministry of Energy and Mines (MEM), the plan has the goal to acheive reductions through the promotion of renewable energy and energy efficiency.  According to the Minister of Energy, […]

  • Guatemala’s El Ceibillo geothermal project receives $3.4 million from GDF fund

    November 2, 2017

    The Guatemalan El Ceibillo geothermal project is a recipient of a $3.42 (EUR2.91) million grant from the German Development Facility (GDF) for Latin America for further development drilling.  The grant represents an approximate 40% cost share for drilling up to three production wells, with a total estimated program cost of $8.81 (EUR7.486) million.  If the […]

  • Guatemala’s El Ceibillo geothermal project awarded grant

    September 28, 2017

    U.S. Geothermal Guatemala S.A., a wholly owned subsidiary of U.S. Geothermal, Inc., has been awarded a $825,319 grant from the U. S. Trade and Development Agency (USTDA, https://www.ustda.gov/).  The grant provides funding for a feasibility study on the El Ceibillo Geothermal Power Plant Project, which will be led by POWER Engineers, Incorporated, headquartered in Hailey, Idaho.  […]

  • Chile, Guatemala and Peru lead proposals for GDF geothermal facility

    April 27, 2017

    In his presentation on the experience of KfW at a risk mitigation panel of the GEOLAC conference in Mexico City, Jens Wirth, Senior Project Manager at KfW shared results of the first call of the Geothermal Development Facility (GDF). The GDF was set up as the first multi-donor climate initiative to promote geothermal energy in Latin […]

  • Guatemala Announces 40 MW RFP; Confirms Delegation for GEOLAC

    March 1, 2017

    In the wake of the recent announcement of a 40 MW RFP for geothermal, the organizers of GEOLAC are pleased to announce that Guatemala will be substantially represented at GEOLAC in Mexico. Confirmed to speak at GEOLAC 2017 are Carlos F Rodas, Head of Planning and Regulation at Empresa Electrica de Guatemala, Silvia Alvarado de […]

  • US Geothermal to participate in Guatemala’s geothermal RFP

    February 8, 2017

    Geothermal developer and operator U.S. Geothermal has announced plans to participate in a 40 MW Request for Proposals in Guatemala for geothermal with its El Ceibillo project in the country. On January 10, 2017, the Guatemalan government, through the National Electrical Energy Commission (COMISIÓN NACIONAL DE ENERGÍA ELÉCTRICA-“CNEE”), announced that it is preparing to issue […]

  • 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 […]

  • Ormat closes $42 refinancing for Amatitlan Geothermal Plant in Guatemala

    August 13, 2015

    Updates regarding the Amatitlan Geothermal Plant in Guatemala. In their second quarter results report, Ormat Technologies disclosed a $42 million loan agreement to refinance the Amatitlan geothermal plant in Guatemala with Banco Industrial S.A. and its affiliate Westrust Bank. Funding is expected shortly. Here to read the full press release.

  • US Geothermal starts drilling 2nd well in Guatemalan project

    August 11, 2015

    U.S. Geothermal Inc. has announced significant developments in geothermal projects. The Company’s subsidiary, U.S. Geothermal Guatemala, started drilling well EC-2 at the El Ceibillo Project this week. At the El Ceibillo project in Guatemala, drilling started on Well EC-2 which has a planned depth of 1,968 feet (600 meters). EC-2 will test a high temperature anomaly […]

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