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Guyana tenders 165 MW hydropower plant and expands solar as it tops one million barrels per day

FinanceInternationalEnergía Estratégica45 s readAI summary
Image: Energía Estratégica

Guyana expects to exceed one million barrels of oil per day by late 2026 and will channel part of those revenues into diversifying its power mix. The government is tendering the 165 MW Amaila Falls hydropower plant, with bids between 415 and 800 million dollars, and is expanding solar generation, especially in interior communities. The goal is to reach 80% renewable electricity by 2040, in a system that currently relies almost entirely on heavy fuel oil and records losses near 26%.

In 45 seconds

  • Amaila Falls (165 MW) is in the tender phase: all bids have been received and are being evaluated, with an estimated cost of 415 to 800 million dollars.
  • The official goal is 80% renewable electricity by 2040; today the country relies almost entirely on heavy fuel oil plants.
  • The solar program includes the Leguan plant (0.6 MW, with 1.2 MWh batteries) and 30,000 household solar systems for rural electrification.
Read the full story at Energía Estratégica

IASummary generated by artificial intelligence from a story by Energía Estratégica. It may contain errors: the original source prevails.

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