Next year, Denmark will close its embassy in Bolivia's capital La Paz and the following year will see Danish development aid to the country discontinued after 25 years. However Denmark's departure from Bolivia will include a farewell gift in the form of three new wind farms with a combined 93 MW in the region Santa Cruz, informs the Bolivian Ministry of Energy.
Specifically, the development cooperation Danida Business Finance will provide a cash grant of DKK 366 million (EUR 49 million) to the project, while a loan will also be provided, so that the total Danish financing surpasses DKK 800 million (EUR 107 million), while the remaining investment needs for the project's full sum of DKK 1.3 billion will come from Bolivia's national utility ENDE.
Already a subscriber? Log in.
Read the whole article
Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.
Start a free company trial todayMore from EnergyWatch
H2 Energy calls for political courage, high carbon levy
Swiss firm H2 Energy, set to establish a 1GW hydrogen facility in Denmark, sees the transformation of heavy transport as a low-hanging fruit and calls for political courage to secure offtakers.
WindEurope warns against negative auction bids
If more countries introduce negative bids, where firms pay to establish wind projects, it could lead to higher electricity bills or more pressure on the supply chain, says the industry association.
BW Offshore halved bottom line in Q1
The Norwegian firm reports decline in several items compared to the same quarter of 2021 but predicts fine advancement in the rest of 2022, for which both floating wind projects and high energy prices show promise.
Equinor exits Russia
Norwegian oil company Equinor has taken its final step out of the Russian market by transferring joint venture assets to Rosneft.
Better Energy enters 1GW Finnish collaboration
Solar panel developer Forus is teaming up with Better Energy on the sustainable development of solar farms in Finland.
Critical Infrastructure Specialist for one of the world's most important green projects 
Team Manager 
Project manager for Denmark's best internet 
Head of operation & maintenance west - Gas in the green transition 
Project Developer 
IT supporter for the full range of support tasks 
Pipeline Manager 
Strategic Business Development Consultant 
Senior Market Director, Electrification and Smart Grid 
Industry specialist and architect - Energy & Utility 
Senior Logistics Site Manager 
Strategic project manager for the green transition 
Engineer or physicist with an interest in energy, international work, supervision and regulation 
We are looking for project managers who will help shape the green transition and develop the business area "Sustainable Energy"