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geothermalresourcehada potentialof5MWefor25 years. NOTES Geoteca S.A., formerly known as Tubeca S.A., is the sole owner of the generation project with the rights to develop thegeothermalresource. Thecompanywillcontractfor the engineering, construction, and equipment supply necessary for the plant. Geoteca has the option to sell electricity from the project to the Empresa Eléctrica de Guatemala S.A. (EEGSA) or use it for industrial purposes. Geoteca, has a technical assistance loan from E&Co. to support the completion of phase II of a 5 or 6 MWe geothermalproject. PhaseIIoftheprojectconsistsof drilling three new production wells, testing the productivity of the wells and making a reservoir assessment before preparing a final pre-investment report. Todate,twoofthethreewellshavebeendrilled. Investment required for the construction and installation of a 5 MWe binary plant is approximately $9 million. E&Co is helping Geoteca complete the pre-investment package needed to secure project financing. LOCATION INSTALLED CAPACITY (MWE) POTENTIAL (MWE) TEMPERATURE (EC) 0 - - CHRONOLOGY 1981-Reconnaissanceattheregionallevel. Surface geologic mapping and geochemistry conducted by INDE. NOTES Third priority area. Atitlán Ayarza LOCATION INSTALLED CAPACITY (MWE) POTENTIAL (MWE) TEMPERATURE (EC) 0 - - Geothermal Resources in Latin America & the Caribbean 35 STATUS Preliminary identification/report STATUS Preliminary identification/reportPDF Image | Geothermal Resources in the Caribbean and Latin America
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