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to-the-point: Bolivia to make USD-110m wind investment

License: Creative Commons CC0

July 19 (Renewables Now) - The cabinet of Bolivia has approved a decree that guarantees the investment of USD 110 million (EUR 95.4m) for the development of 45 MW of wind power projects, acting president Alvaro Garcia Linera announced on Wednesday.

One wind park of 24 MW will be built in Tarija department and another, of 21 MW, will be constructed in Santa Cruz.

At present, Bolivia has a geothermal agreement with Japan and new solar power plants in development, ensuring that the country remains at the top with the highest per capita investment in renewable energy, Garcia Linea said.

(USD 1 = EUR 0.868)

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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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