In January, a consortium of Gamesa and Iberdrola began construction on Central America's largest wind farm, the 102 megawatt Cerro de Hula project in Honduras. Also, the Honduran government said it would invest $2.1 billion between 2010 and 2016 for 52 hydroelectric projects, while Costa Rican President Laura Chinchilla has also said she wants to make her country the first to run 100 percent on renewable energy. What is the state of wind, solar, geothermal and other renewable energy projects in Central America? Given that the price of oil has surpassed $100 per barrel, is it likely that there will be a new push for financing of clean energy projects? What other factors influence investment in Central America's renewable energy sector? Experts discuss what they think about this topic.
Copyright © 2011, Inter-American Dialogue, used with permission from the publishers
Inter-American Dialogue's Latin American Energy Advisor. "What is the Future of Renewables in Central America?." (2011). http://digitalrepository.unm.edu/la_energy_dialog/119