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Monday 04 August 2008, San José, Costa Rica 

Drug Addiction Affects "All Social Classes"
Oscar Arias' Image Tarnishing, Latest Poll Reveals
Supreme Court Upholds Villalobos Conviction
Geothermal Energy
Leatherbacks
Mother's Day Sales Not Heating Up

Geothermal Energy
The director of the  Banco Centroamericano de Intergración Economica (BCIE) -
Central American Economic Integration Bank - for Costa Rica Alfredo Ortuño announced that the financial institution is providing the Instituto Costarricense de Electricidad (ICE) with us$200 million earmarked for the development of geothermal energy projects in the province of Guanacaste.

Ortuño pointed out that the investment is part of the Bank’s support for development program.

ICE’s president, Pedro Quiros, said that there is a potential of some 800 megawatts to be taken advantage of in the Costa Rican volcanic areas.

He added that geothermal power is part of the means the ICE is resorting to in order to lower the dependency on oil to generate electricity.
 
 
 

 

 

 
 

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