State power company Ende to develop Apacheta I geothermal energy project
Bolivia is studying 11 renewable energy projects with the aim to develop 420 MW by 2020, Eduardo Paz, CEO of state-owned power company Empresa Nacional de Electricidad (Ende), said Saturday.
The package, worth some USD 600 million (EUR 542.4m), includes four solar and two biomass projects studied by Empresa Electrica Guaracachi SA, as well as four wind and the Apacheta I geothermal energy project managed by Empresa Electrica Corani SA.
The country will seek to reduce its fossil fuel consumption and export surplus electricity to the region, Paz added.
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