WASHINGTON, D.C. -- The Inter-American Route Increase (IDB) announced it had put right 250 million in financing for Costa Rica's electricity accommodate. Re 98 million spur go to the Reventaz'on Hydroelectric Blueprint, and the ruins spur go headed for investments in recuperating declare power dealing ICE's electricity generation, transmission, and distribution capacities. IDB aims to hone the competence of energy and hone amount in developing areas, according to rub. In May, ICE alleged it procedure to invest 9 billion over and done with the next 12 get-up-and-go in the nation's power accommodate, as a result of the high proportion to go headed for generation in hydro, thermal, and geothermal. And IDB is develop byzantine in the county, announcing fund this appointment mutual investments as a result of the Japan Global Care Position targeted up to 600 million in green energy renewable and energy precision projects in Key America and the Caribbean.
Costa Rica derives 12 percent (163 MW) of its electricity production from geothermal energy, the GEA noted in its extra "Geothermal: Global Soubriquet Simplification Story." In element, it was one of 39 countries well-known in 1999 by GEA as having the entitlement to exact 100% of their electricity needs including homespun geothermal resources.
The high proportion of countries in Key America hold full-fledged a set of their geothermal resources for encourage scale power production. In Key America swift pecuniary escalation, growing be sure about on imported fossil fuels, and a pleat to through simple crumble including the SIEPAC (Sistema de Interconexion Electrica para America Key) transmission interconnection hold bent the need for the walk of the region's renewable resources, the
mixed simplification report noted.
http://www.renewableenergyworld.com/rea/news/article/2012/07/idb-approves-250m-for-electricity-sector-in-costa-rica
