Guetemala to launch tender for geothermal energy in 2014 - report

(SeeNews) - Oct 18, 2013 - Guatemala's energy and mines ministry will launch a tender next year for geothermal energy projects of combined 150 MW, local daily Prensa Libre said, quoting minister Erick Archila.

The projects could go on stream as of 2016. The benefits are linked to lower costs and energy diversification, Archila said.

Guatemala has two geothermal plants of 24 MW and 25 MW, which currently operate with 13 MW and 17 MW, respectively, and a new project of up to 25 MW. However, local geothermal potential is estimated at over 850 MW.

Guatemala plans to collaborate with Japan on geothermal energy development.

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Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.

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