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Centram Geothermal Inc. announced today that it will concentrate its efforts on bringing the Joaquina Project in Guatemala into production. Centram plans to develop a 5MWe power plant at Joaquina and if the reservoir proves to have excess energy, the plant will be expanded. To this end, Centram will bid on a 15 year Power Purchase Agreement in Guatemala's Open Tender 2012 scheduled for October and is starting the Environmental Impact Assessment of the project.
Centram is also seeking strategic partners for its Baru-Colorado project in Panama, and has determined that it will not renew its Atitlan Concession in Guatemala which expires in September.
Centram is also seeking strategic partners for its Baru-Colorado project in Panama, and has determined that it will not renew its Atitlan Concession in Guatemala which expires in September.
