AES receives recognition for building the first 100% smart grid in Central America
Written by Evelyn Alas
Recently, AES El Salvador was recognized by the Australian company NOJA Power and its local representative REIMSA, for being a pioneer in building and operating the first 100% intelligent electrical distribution network in Central America. This recognition evidences AES's commitment to promote innovation in the Salvadoran electricity sector, for the benefit of its customers.
Dirección de Hidrocarburos will be in charge of publishing energy, fuel and gas prices
Written by Evelyn Alas
The Central Government established the Dirección General de Energía, Hidrocarburos y Minas (DGEHM), which is now a dependency of the Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL). This unit will publish the prices of fuels, gas (a regulated product) and energy, on the dates indicated in the current regulatory framework.
Tackling fragmentation where trade and debt matter most: IMF
Written by Evelyn Alas
Policymakers and business leaders gathered these days at the World Economic Forum in Davos face a Gordian knot of problems.
CABEI and Partnership for Central America sign agreement to promote development initiatives
Written by Evelyn Alas
The Central American Bank for Economic Integration (CABEI), through its Fundación de Apoyo Social (FAS), and Partnership for Central America, Inc. (PCA) signed a memorandum of understanding in Washington D.C. to promote the identification and support of initiatives that comprehensively address the causes of migration in Guatemala, El Salvador and Honduras.
Electric power generation increased 56% in 2022 thanks to INE
Written by Evelyn Alas
Inversiones Energéticas (INE), informed through its Twitter account that in 2022 the generation of electric energy increased by 56% compared to the previous year. Due to the fact that they injected to the salvadoran electric system a total of 106,718 MWh, being of great importance during peak demand hours.
Bonds to guarantee a loan or credit? What are they and who grants them?
Written by Evelyn Alas
Bonds are a type of guarantee to comply with any legal, valid and economic obligation derived from contracts where a term, characteristics, amounts and quality are agreed upon, entered into between government entities or individuals.
ECLAC proposes cluster policies to overcome low economic growth
Written by Evelyn Alas
The executive secretary of the Comisión Económica Para América Latina y el Caribe (ECLAC), José Manuel Salazar, said at the 2023 Annual Meeting of the World Economic Forum that the average growth rate for the last ten years (from 2014 to 2023 inclusive, considering the 1.3% growth projection for the current year) is only 0.9%.
2023 will mark Tag Airlines' consolidation as Mundo Maya airline
Written by Evelyn Alas
In 2023, TagAirlines, Guatemala's flag carrier, will complete its modernization and transformation process to consolidate its role as the airline of the Mayan World par excellence.
MAG announces the upcoming operation of seven salvadoran dairy processing plants
Written by Evelyn Alas
The interim head of the Ministerio de Agricultura y Ganadería (MAG), Óscar Guardado, announced that they will soon present all the details of the actions to be executed, at the same time they will begin with the construction of infrastructure.