to-the-point: Japan supports new geothermal studies in Ecuador

Ecuador will launch a detailed pre-feasibility study at the Chachimbiro geothermal project in April thanks to a USD-7-million (EUR 6.3m) grant from Japan, the Andean nation's electricity ministry said on Tuesday.

Located in Urcuqui, Imbabura province, the field will be explored by the Termopichincha unit of state-owned power company Corporacion Electrica del Ecuador (Celec).

Chachimbiro is part of Ecuadorian-Japanese cooperation in renewable energy and energy efficiency, worth nearly USD 20 million. Among the projects is a photovoltaic facility with a storage system on the Galapagos Island of Baltra which would come into operation in March.

(USD 1 = EUR 0.899)

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