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Bolivia targets 549 MW of renewables by 2020

Author: Gerry Machen. License: Creative Commons, Attribution-NoDerivs 2.0 Generic.

May 17 (SeeNews) - The president of Bolivia, Evo Morales, said on Saturday that the country will have 549 MW of renewable power capacity by 2020.

During his speech, president Morales mentioned some of the upcoming renewable energy generation projects across the country. In regards to wind projects, he presented four schemes with a combined capacity of 120 MW and a current investment of USD 96 million (EUR 84.7m). Some of the projects are still in the process of raising funds.

More details on the other projects presented that day are available in the table below.

Source Number of projects Combined capacity Secured investment
Solar 3 165 MW USD 190 million
Biomass 4 110 MW USD 68 million
Geothermal 2 105 MW USD 546 million

 

(USD 1 = EUR 0.883)

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Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

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