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Borinquen I geothermal plant delayed again, now expected by 2030
🇨🇷 Costa Rica /Energy & Infrastructure

Borinquen I geothermal plant delayed again, now expected by 2030

From La Nación · () Spanish

Translated from Spanish, summarized and contextualized by DistantNews.

At a glance

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  • The Borinquen I geothermal plant in Costa Rica has again been delayed, with its completion now projected for 2030.
  • The project, which had an initial startup projection of 2029, has only reached 55% completion.
  • A contract for equipment worth nearly $100 million was awarded by ICE, but the plant's timeline has been significantly extended.

The Borinquen I geothermal plant in Costa Rica faces yet another setback, with its operational start now pushed back to 2030. This latest delay means the project, initially slated to begin generating power in 2029, will be at least a year behind schedule. Currently, construction has only reached the 55% completion mark.

Despite the significant delays, the Costa Rican Institute of Electricity (ICE) has awarded a contract for equipment valued at nearly $100 million. This investment aims to move the project forward, but the extended timeline raises questions about the project's management and future viability.

The geothermal plant, located in Liberia, Guanacaste, is a key component of Costa Rica's renewable energy strategy. The repeated postponements not only impact the country's energy goals but also raise concerns about the financial implications of such prolonged construction periods.

DistantNews Editorial

Originally published by La Nación in Spanish. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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