Roundup: Energy plan, loan approval, marine project, transmission award

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Friday, July 11, 2014

A national energy plan for Costa Rica is due ready in December, environment minister Edgar Gutiérrez told the legislative assembly's environment committee.

Authorities have come under pressure to take immediate action to address sector challenges.

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Nicaragua's national assembly approved a US$48mn financing package signed with the Export-Import Bank of Korea to finance transmission lines as part of sustainable electrification and renewable energy program PNESER.

Work will target the interconnection of hydroelectric project Tumarín.

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The European NER 300 fund will support an ocean thermal energy conversion pilot plant in Martinique, project developers Akuo Energy and DCNS said in a statement.

The 16MW offshore platform is due online in four years and will use the temperature difference between the warm water on the ocean's surface and the cold water in its depths to produce non-intermittent and carbon-free electricity.

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And Colombia's mining and energy planning unit UPME awarded ISA a contract to build and operate a 230kV, 1km connection from the Reforma substation to the Guavio-Tunal link.

The project in Meta department is due online in November 2015, the company said in a statement.

BNamericas will host its fourth LatAm Power Generation Summit in Santiago, Chile, on August 13-14. Click here to download the agenda.