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Caribbean, Central America power watch

Bnamericas Published: Thursday, December 26, 2019
Caribbean, Central America power watch

IDB’s board has approved a US$39mn loan to support the Dominican Republic’s energy efficiency program.

The government initiative will target a reduction of public sector power use through the incorporation of digital technologies and support institutional capacity in the area of efficient technology management, among other objectives.

A just released study from the development bank on energy efficiency, available here, highlights that “in terms of entities setting [energy efficiency] standards, all countries have at least one entity completing this task, except Dominican Republic and Guatemala.”

In a related note, El Salvador’s national assembly (pictured) this month approved a US$20mn IDB loan to support local development lender Bandesal’s energy efficiency financing program for SMEs.

For its part, Nicaragua’s state power company Enel completed the overhaul of the 50MW Centro América hydro that increases the plant’s life by 25 years.

IDB and the Central American Bank for Economic Integration helped finance the project which included the revamp of the 50MW Carlos Fonseca hydro. The latter’s modernization was completed in 2018.

Enel plans to carry out additional work at both plants over the next two years that will target forced piping and water supply channels, as well as protection works for the 18MW Larreynaga hydro.

Centro América generation units (Source: Enel)


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