Geothermal Energy in Guatemala
Located in Guatemala near the Pacaya Volcano, this project will harness the power of heat stored beneath the earth’s surface to generate a clean, sustainable and reliable electricity source for the local communities. Guatemala's energy grid is very carbon intensive. Increasing renewable energy use is an integral part of Guatemala’s development strategy, and will reduce greenhouse gas emissions while also stabilizing supply, thus helping economic development.
In addition to climate benefits, the project seeks to implement a program to reduce flooding of the local area through the repair of road infrastructure and reforestation of hillsides with over 5,000 trees, increase employment opportunities in the surrounding area, and enhance the local investment environment through programs specifically targeted to direct local financial assistance towards lasting improvements that the surrounding communities will manage.
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