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to-the-point: CABEI to fund small hydropower study in Guatemala

July 28 (SeeNews) - The Central American Bank for Economic Integration (CABEI) has approved nearly USD 79,200 (EUR 71,800) in non-reimbursable technical assistance for pre-investment studies for a mini hydroelectric plant in Guatemala.

The Carmen Amalia hydroelectric project will directly benefit 145 people on the country's southern coast.

The assistance is part of Accelerating Renewable Energy Investment in Central America and Panama (ARECA), a project of the Global Environment Fund (GEF), the United Nations Development Programme (UNDP) and CABEI for the support to renewable energy projects of up to 10 MW in Central America.

(USD 1 = EUR 0.906)

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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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