ICE president Carlos Manuel Obregón said the strategic location of the country's reservoirs allows it to maximize rainfall collection, mostly from the highlands and the Caribbean region.
The first of the Reventazón dam’s five turbines went online this week. When the dam is fully operational, it will produce enough power for an estimated 525,000 homes.
Ad Astra Rocket the company of former NASA astronaut Franklin Chang DÃaz signed an agreement with EARTH University to research and develop hydrogen-based projects in the province of Guanacaste.
The public services regulator approved a 6.7 percent cut in electricity rates for customers of the Costa Rican Electricity Institute starting in January.
The Costa Rican Oil Refinery (RECOPE) finally had some good news for motorists as its most recent projections show fuel prices next year will remain similar to those registered this month.
The U.S. plan would prod nations that have the capacity -- namely China -- to provide money for climate-related projects to the most vulnerable nations. That would break down the old division where funds flowed from industrialized nations to developing ones.
The Costa Rican Electricity Institute expects wind power to increase from 7 percent of the country's total energy mix currently to 10.5 percent in 2017.
Local businesses can apply for environmental loans ranging from $1,500 to $150,000, which must be invested in environmentally friendly technologies to improve efficiency. That technology includes solar panels, electronic ballasts, high efficiency diffusers and reflectors, air compressors, fluorescent lamps, LED lights, electric engines, cooling systems, boilers, low-energy vehicles and others.
