World Bank and El Salvador Promote Geothermal Energy for Sustainable and Inclusive Development
El Salvador, March 28 -- The World Bank's Board of Executive Directors today approved a project to help El Salvador increase renewable electricity generation capacity and harness geothermal heat for direct use. The project provides for improvements in several areas, including geothermal resource exploration and evaluation, the construction of a power generation plant, and social and environmental programs.The US$150 million, six-year "El Salvador Geothermal Energy for Sustainable and Inclusive Development Project" aims to use underground heat to generate sustainable and affordable electricity. In addition, local communities will be able to harness and use heat generated by geothermal energy for various activities, including drying and proce...
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