Colombia and Ecuador jointly planning 138 MW geothermal plant

Hot Spring at Villamaria, Caldas, Colombia (source: flickr/ fixiewrek, creative commons)
Alexander Richter 18 May 2011

The countries of Ecuador and Colombia announce the cooperation on the development of a 138 MW geothermal power plant at their joint border, called Tuvino-Chiles-Cerro-Negro, with initial work estimated at a cost of US$2.5 million.

In a news release by the Ministry of Electricity and Renewable Energy of Ecuador, the countries of Colombia and Ecuador are announcing the cooperation on the development of a 138 MW geothermal power plant at the country’s joint border to diversify their energy supply.

The project, called Binacional Tuvino-Chiles-Cerro Negro project will be developed by Colombia’s state-controlled power company Isagen SA and its Ecuadorian counterpart Celec SA in a volcanic area of approximately 5,000 hectares. Before exploratory drilling, surveying, geological and geochemical work is planned, with an estimated cost of US$2.5 million. It is expected that production wells will need to reach a depth of 1,500 to 1,800 meters.

The project is planned with the support of the General Secretariat of Comunidad Andina (CAN).

The Secretary General of CAN, Adalid Contreras, Colombia and Ecuador congratulated this initiative and thanked all for their confidence in the General Secretariat of the Andean Community to entrust the administration of the first phase pre-project investment.

“Initiatives like this cooperation are exciting and make us feel that integration is important, “Contreras said. The project is part of the Andean Strategic Agenda, which envisions one axis of the development of renewable energy in the region.

The representatives of the Colombian and Ecuadorian companies agreed, in turn, to highlight the importance of this project for environmental management in the region and the communities living there. “It is an initiative of integration between our two countries, which pursues the natural resources and available technology, “said the Colombian representative.

Source: Release by Ecuador’s Ministry of Electricity & Renewable Energy, other release, Bloomberg