The Costa Rican Electricity Institute (ICE) announced the construction of the largest photovoltaic solar plant in the country, following the approval by the ICE Board of Directors of the feasibility and implementation phase of the Colorado Photovoltaic Solar Project. The project will be located in the Colorado district, in the Guanacaste canton of Abangares. The … Continue reading ICE to build Costa Rica’s largest photovoltaic solar plant in Guanacaste
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Central America expects growth of up to 25% in photovoltaic (PV) energy by 2025
Panama, Costa Rica and El Salvador are entities in which a dynamism in photovoltaics (PV) is awakening due to the high prices of other energy sources.The photovoltaic (PV) industry in Latin America could register a growth of between 10 and 15% on average per country during 2025, similar to this year, according to Sergio Rodríguez, … Continue reading Central America expects growth of up to 25% in photovoltaic (PV) energy by 2025
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Potential for generating offshore wind energy in Costa Rica
Specialized studies have identified that a region of the Pacific coast of Costa Rica has the technical potential necessary to install the first offshore wind energy park in the country, the Central American Bank for Economic Integration (CABEI) reported on Monday. “As part of the findings of these preliminary studies, it was determined that in … Continue reading Potential for generating offshore wind energy in Costa Rica
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ICE signs 9 contracts with private companies to produce wind power and photovoltaic for 166 megawatts in Costa Rica
Five photovoltaic (PV) plants and four wind energy plants, built by the private sector, will come into operation between 2026 and 2027.In total, the electrical projects will contribute 166 megawatts to the national grid, according to the Costa Rican Institute of Electricity (ICE), when signing the commitment letters. Numu Solar Liberia Los Tecales Solar Nandayure … Continue reading ICE signs 9 contracts with private companies to produce wind power and photovoltaic for 166 megawatts in Costa Rica
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ICE and BCR sign contract to modernize Tejona Wind Farm
On Thursday, September 5, the Costa Rican Institute of Electricity (ICE) and the Bank of Costa Rica (BCR) signed a financing contract for ?37.4 billion for the purpose of remodeling and expanding the Tejona Wind Farm, located in Tilarán, Guanacaste. The modernization of the plant will increase its installed capacity to 42 megawatts, consolidating its … Continue reading ICE and BCR sign contract to modernize Tejona Wind Farm
Continue readingCosta Rica’s Path to 100% Renewable Energy
Costa Rica, a small Central American nation, has long been a world leader in the search for renewable energy. With its abundant natural resources, the country has been able to generate a significant portion of its electricity from renewable sources such as hydroelectric, wind, solar, and geothermal power. In recent years, Costa Rica has set … Continue reading Costa Rica’s Path to 100% Renewable Energy
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How E-mobility is Raising Environmental Awareness in Costa Rica
Jose Leon wanted to buy an electric car to save money on his daily fuel expenses. It was only after he started driving the car that he became more aware of his environmental responsibilities. “I have three children and I want them to live on a habitable planet. The electric car gives me a clear … Continue reading How E-mobility is Raising Environmental Awareness in Costa Rica
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Costa Rica ventures into offshore wind energy studies with support from CABEI and the Republic of Korea
This cooperation, granted to the Costa Rican Electricity Institute (ICE in Spanish) and the Government of Costa Rica, will finance studies to identify the potential of offshore wind energy, the challenges, risks and opportunities in the development, installation, and operation of offshore wind farms in the near future. The studies also include the design of … Continue reading Costa Rica ventures into offshore wind energy studies with support from CABEI and the Republic of Korea
Continue readingCosta Rica and IRENA Sign Partnership to Advance National Decarbonisation Plan
The International Renewable Energy Agency (IRENA) and the Government of Costa Rica have signed an agreement today to work together to strengthen the country’s decarbonisation plans and boost renewable energy project financing. The agreement was signed by His Excellency Carlos Alvarado Quesada, President of Costa Rica and the IRENA Director-General, Francesco La Camera at the … Continue reading Costa Rica and IRENA Sign Partnership to Advance National Decarbonisation Plan
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GWEC and Costa Rican energy agencies join forces to create a route for offshore wind energy development in Costa Rica
Today, the Global Wind Energy Council together with the Vice-ministry of Energy and Environmental Quality (MINAE) of Ministry of Environment and Energy and Costa Rican Electricity Institute (ICE) have kicked-off a joint initiative to build knowledge about the local benefits of offshore wind and explore pathways for its future development and growth in Costa Rica. … Continue reading GWEC and Costa Rican energy agencies join forces to create a route for offshore wind energy development in Costa Rica
Continue readingCosta Rica celebrates 300 days living alone with renewable energy
For the third consecutive year, Costa Rica covered its electricity consumption almost exclusively thanks to renewable sources. This is confirmed by the Costa Rican Institute of Electricity (ICE Group), the state company responsible for electricity and telecommunications services: data from the National Center for Energy Control clearly show that Costa Rica has been using clean … Continue reading Costa Rica celebrates 300 days living alone with renewable energy
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MPC Capital acquires Costa Rica wind farm
MPC Capital has reached financial close for the acquisition of the 21 MW wind farm Tilawind for approximately USD 50 million. Investors include MPC Caribbean Clean Energy Fund (“the Fund”), MPC Capital’s investment platform for renewable energies in the CARICOM region, and ANSA McAL Limited, Trinidad and Tobago’s largest conglomerate. In 2018, Tilawind exceeded our … Continue reading MPC Capital acquires Costa Rica wind farm
Continue readingWind energy in Costa Rica: new wind power plant in Guanacaste
The Cacao Wind Energy Farm is currently benefiting 20,000 homes in the Nicoya Peninsula, in Guanacaste province, in Costa Rica. ‘With the construction of this project, we reaffirm as a government that Guanacaste is a province with great development in Costa Rica,’ Vice President Marvin Rodriguez said at the opening ceremony of the facility on … Continue reading Wind energy in Costa Rica: new wind power plant in Guanacaste
Continue readingCosta Rica Reaches New Goal in Generation of Wind Energy
Currently 16 wind farms are operating representing 386,62 megawatts of installed capacity, 2 in San Jose and 14 in Guanacaste; 13 of these are private. The National Electric System (SEN) reached its biggest number in generation of wind power so far, with just six week left in 2018 before it comes to an end, the … Continue reading Costa Rica Reaches New Goal in Generation of Wind Energy
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Guess which country has been running on renewable energy for 76 straight days
Not too long ago, idea that an entire country could get 100 percent of its electricity from renewable sources for over 2 months was unthinkable. Well, one country just shattered that notion for the second time in two years. Costa Rica’s electricity came from 100 percent clean, reliable renewable energy for 76 days between … Continue reading Guess which country has been running on renewable energy for 76 straight days
Continue readingRenewable energy sources dominate electricity generation in Costa Rica
Some 96 percent of Costa Rica’s electricity came from renewable sources in the first half of 2016, the President’s Office said Friday. The largest part of Costa Rica’s electricity mix is hydraulic power, which accounted for 70 percent of the total generation, said the office, citing preliminary data from the state electricity agency. During the … Continue reading Renewable energy sources dominate electricity generation in Costa Rica
Continue readingWind energy in Costa Rica: four wind power projects
The Alisios Wind Projects, owned and sponsored by Globeleq Mesoamerica Energy (Wind) Limited (“GME”), a subsidiary company of Globeleq Generation Limited and Mesoamerica Power Ltd., have secured USD149 million in long-term debt financing. The project debt financing and syndication was completed in April 2016 by The Netherlands Development Finance Company FMO, (who acted as Mandated … Continue reading Wind energy in Costa Rica: four wind power projects
Continue readingCosta Rica generated 97.14% from renewable energy sources
Costa Rica has been able to generate 97.14% of it electricity from renewable sources in the first quarter of the year, according to the Central Nacional de Control de Energia (National Energy Control Centre). Hydro electric (water) is at the top of the generation source, with 65.2%; followed by wind with 15.6%; geothermal with 13.7%; … Continue reading Costa Rica generated 97.14% from renewable energy sources
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Gamesa and Iberdrola Ingeniería to build four wind farms in Costa Rica
Gamesa and Iberdrola Ingeniería have signed EPC contracts with subsidiaries of Globeleq Mesoamerica Energy (GME) to build 80 MW in Costa Rica. The two companies will handle all the construction and commissioning phases required for this project, named Alisios, which comprises four 20-MW wind farms: Vientos de la Perla and Vientos de Miramar, located in … Continue reading Gamesa and Iberdrola Ingeniería to build four wind farms in Costa Rica
Continue readingRenewable energy powers all of Costa Rica for over 3 months
Costa Rica enjoyed a new period of 94 consecutive days during which all its electricity was produced from renewable sources, the Costa Rican Electricity Institute (ICE) said Wednesday. The country never had to turn to fossil fuels at any time between May 8 and Aug. 9, the ICE said, adding that the pleasant news … Continue reading Renewable energy powers all of Costa Rica for over 3 months
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