No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveSix companies to offer cleaner, cheaper energy during dry season

Six companies to offer cleaner, cheaper energy during dry season

The state-owned Costa Rican Electricity Institute (ICE) on Thursday announced they will grant permission to six private companies to generate electricity in the country.

Companies were selected from an initial list of 28 that participated in a public bid last year, and the final decision was made by taking into account lower costs offered for the implementation of the projects, ICE said in a press release.

The companies will develop four wind farm projects and two hydroelectric projects that will generate 137 megawatts, enough to supply the average consumption of 225,000 homes.

The electricity provided will help meet energy shortages during Costa Rica’s dry season (December-April) and will help reduce the use of oil-generated energy.

A national law (No. 7,200) stipulates that 15 percent of the country’s electricity requirements can be generated by private companies.

Trending Now

Costa Rica Indigenous Leader Pablo Sibar Petitions IACHR for Protection

The Inter-American Commission on Human Rights (IACHR) heard a petition this week to strengthen precautionary measures for Brörán indigenous leader Pablo Sibar. The request...

IMF Forecasts Costa Rica to Outpace Most Central American Economies

Costa Rica is projected to experience solid economic growth in 2025, with forecasts pointing to a moderate slowdown but still strong performance compared to...

Mother’s Day in Costa Rica – Traditions and Celebrations

Families across our country gather today to honor mothers on this national holiday. Unlike many countries that observe the day in May, Costa Rica...

Costa Rica Moves Ahead with New High-Security Prison

Costa Rica plans to break ground this year on a large maximum-security prison, taking cues from El Salvador's approach to locking down serious offenders....

Costa Rica Residents Protest Demolition of Homes in Avellanas

The Municipality of Santa Cruz demolished five structures built on Avellanas Beach, within the 50-meter public zone of the maritime-terrestrial area. In a video...

Costa Rica Vacation Marks New Chapter for Megan Fox and MGK

Actress Megan Fox and musician Machine Gun Kelly, whose real name is Colson Baker, recently headed to Costa Rica for a family vacation with...
L. Arias
L. Arias
Reporter | The Tico Times |
spot_img
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