No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveTaiwan Donates $30 Million For New Power Plant

Taiwan Donates $30 Million For New Power Plant

MANAGUA – The government of Taiwan gave Nicaragua $30 million for the purchase of a new thermal power plant with the capacity to generate 30 megawatts of energy, according to the Ministry of Foreign Relations.

The donation was made July 12 by Taiwanese Ambassador Chin-mu Wu to Nicaraguan Foreign Minister Samuel Santos, who said that the donation is a direct result of a request for help from President Daniel Ortega during a visit from Taiwan’s Foreign Minister last May.

Santos thanked Taiwan in the name of Nicaragua, adding, “this is important for our people in these moments of energy crisis.”

The new energy plant will produce roughly 6% of the national demand and will help to alleviate the country’s deficit, which is hovering around 80 megawatts, resulting in daily energy-rationing blackouts across the country.

The new Taiwanese plant, which still has to be purchased, shipped and installed, is not expected to go online until the first trimester of next year.

 

Trending Now

Costa Rica Faces Scrutiny After Murder of Exiled Nicaraguan Officer

The Costa Rican government is facing growing criticism after the murder of exiled Nicaraguan military officer Roberto Samcam, who was shot to death in...

Costa Rica Stars in Variety’s Top Ten Film Locations

Variety Magazine named our small piece of paradise a top filming destination in its latest featured article, “Ten Locations to Die For,” spotlighting our...

Calls Grow for Deep-Sea Mining Moratorium as ISA Talks Restart

The International Seabed Authority (ISA) resumes negotiations Monday in search of rules to regulate deep-sea mining, amid controversy over Donald Trump's decision to unilaterally...

Obesity in Costa Rica: A Growing Health Crisis After 35 Years of Change

Recent studies claim that about one-third of adults in Costa Rica are considered obese and another third overweight. Which means about two-thirds of adults...

Costa Rica to Launch Electric Air Taxis for Sustainable Travel in Guanacaste

Costa Rica is poised to revolutionize its transportation landscape with the introduction of electric air taxis, offering a sustainable alternative to traditional ground travel...

Costa Rica Leads AI Adoption in Small Businesses Across Latin America

Costa Rica is standing out as a regional leader in artificial intelligence (AI) adoption, particularly among small and medium-sized enterprises (SMEs). About 50% of...
Avatar
spot_img
Costa Rica Tours
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Rocking Chait
Costa Rica Travel

Latest News from Costa Rica