The hydroelectric plant is part of the Energy Division of Corporación Multi Inversiones.
"The energy produced by the station can supply approximately 25,000 households with an average consumption of 250 kilowatt hours a month, said the company’s public relations office .
In addition, Santa Teresa has the second highest dam in Guatemala, after the one at Chixoy Hydroelectric station, reported the public relations office", published Prensalibre.com
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With an investment of $16 million Inversiones Hidroeléctricas S.A. will build the hydroelectric station El Diamante in the municipality of San Ramón, Matagalpa.
This new plant will generate 21,000 megawatts / hour per year. According to Joseph Adam Aguerri, president of the Superior Council of Private Enterprise, the hydroelectric station will generate clean power from the flow of the river Upa.
Generating electricity by exploiting the potential of the rivers in Guatemala has a promising present and future.
The latest tenders to be put out for the supply of electricity in Guatemala, demonstrate the interest of local and foreign investors in participating in a good business proposition.
The grant is for the construction and operation of a hydroelectric station of 4MW known as Analida in the province of Cocle.
From a statement issued by the National Authority of Public Services Panama:
"...FIRST: AWARD to the company HIDROELÉCTRICA RÍO CHICO, S.A., registered on Listing 833361, Document 2597265, in the Mercantile Microfilm Section of the Public Registry of Panama, rights to a concession for the construction and operation of the hydropower plant called Analida, using the waters of the river Chico, located in the village Las Huacas, Capellania and La Toza, District of Nata, Cocle Province, with an installed capacity of 4 MW. "
Congress has approved the operating contract for the installation of the hydroelectricity station Cuyamel, in the department of Cortés.
Laprensa.hn reports: "The operation contract is located in the Frio River, a tributary of Cuyamel, five miles southeast of the city of Cuyamel, department of Cortés."