February 18 (SeeNews) - Ecuador will launch a detailed pre-feasibility study at the Chachimbiro geothermal project in April thanks to a USD-7-million (EUR 6.3m) grant from Japan, the Andean nation's electricity ministry said on Tuesday.
Located in Urcuqui, Imbabura province, the field will be explored by the Termopichincha unit of state-owned power company Corporacion Electrica del Ecuador (Celec).
Chachimbiro is part of Ecuadorian-Japanese cooperation in renewable energy and energy efficiency, worth nearly USD 20 million. Among the projects is a photovoltaic facility with a storage system on the Galapagos Island of Baltra which would come into operation in March.
(USD 1 = EUR 0.899)