The objective of the TC is to materialize and scale up public and private investment in geothermal power generation projects by drawing feasible financial mechanisms and business model tailored to meet the needs of the project, reducing risks for developers and removing the main barrier to investment. The TC aims at recompiling existing data such as surface surveys to identify geothermal generation projects for multiple uses and developing optimum financial mechanisms and business plans to attract public and private stakeholders. Thereby, it contributes to sustainable economic, energy resilience and technological development by using geothermal energy.
Project Detail
Country
Honduras
Project Number
HO-T1483
Approval Date
-
Project Status
Preparation
Project Type
Technical Cooperation
Sector
ENERGY
Subsector
LOW-CARBON ENERGY TECHNOLOGIES
Lending Instrument
-
Lending Instrument Code
-
Modality
-
Facility Type
-
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 1,500,000.00
Country Counterpart Financing
-
Original Amount Approved
USD 750,000.00