Regional geothermal news briefs from the Americas.
*Costa Rica: Funding from Europe
*Nicaragua: Electricity Generation 51% Renewable in 2013
The European Investment Bank is providing $70 million for the Costa Rica geothermal power plant development Pailas II. The completed plant is expected to generate 55 MW.
The Institute of the Americas notes that in Nicaragua, the renewable portion of electricity generation was about 51% this year, compared to 27% in 2006. The National Development Plan requires 74% by 2018.