$24 Million For Renewable Energy in Central America

The Energy and Environment Partnership with Central America (EEP) has made these resources available as seed capital for renewable energy projects.

Monday, March 29, 2010

Entrepreneurs interested in developing renewable energy projects can now apply and receive funds to pay for feasibility studies plus assistance in getting loans from commercial banks.

From Elsalvador.com: “Salvador Rivas, regional coordinator of the program, explained that countries also offer tax cuts and benefits for this type of projects”.

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XXII Regional Sustainable Energy Forum

July 2013

During the event, which will take place 1 and 2 October in Panama, there will be discussion of the benefits associated with renewable energy projects in the region.  

From a press release issued by the National Environmental Authority (ANAM):

The Energy and Environment Partnership with Central America (EEP) will hold the XXII Regional Sustainable Energy Forum on 1 and 2 October in Panama.

Renewable Energy Potential in the Region

May 2011

Enel Green Power says there is room to diversify sources of energy in Central America .

Representatives of the company, which has presence in Brazil, Mexico and Chile, have shown interested in developing geothermal projects in Guatemala, where they are diversifying the development of energy sources.

$230 million to Fund Renewable Energy Projects

August 2013

The European Investment Bank will support investment in hydropower, wind, geothermal and photovoltaic systems in Central America.

The program is being conducted in partnership with the Central American Bank for Economic Integration (BCIE) and seeks to free up more than $500 million for investments in public and private projects using clean energy in Honduras, Nicaragua, El Salvador, Guatemala, Costa Rica and Panama.

El Salvador Hasn't Invested in Renewable Energy since 2007

March 2013

While in other Central American countries there is a boom in projects for clean energy generation, in the past three years El Salvador has not registered any.

According to data from Bloomberg, for the past three years, El Salvador has not recorded any investment in clean or renewable energy, its last investment was made in 2007, when it invested $45 million.

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