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January 4, 2022

RC-500, Costa Rica

By Carmen

RC-500 is a 58.4MW hydro power project. It is planned on Coton river/basin in Puntarenas, Costa Rica. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2026.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Hydropower 58.4 58.4 Announced Puntarenas, Costa Rica Instituto Costarricense de Electricidad

Description

The project is being developed and currently owned by Instituto Costarricense de Electricidad.

The project is expected to generate 266 GWh of electricity. The project cost is expected to be around $217m.

Development Status

The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2026.

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About Instituto Costarricense de Electricidad

Instituto Costarricense de Electricidad (ICE) is a electricity company which generates power through hydro, geothermal, wind, biomass and solar sources. The company’s service offerings include engineering and design, underground, civil, metal, mechanical and electro-mechanical works; operation and maintenance of electric generation plants, supervision, inspection, online payment and other related services. It also develops smart grids and electric mobility solutions. ICE offers fiber optic networks, satellite communication platforms and high-speed underwater connections. The company also offer services such as voice, data and communication services through fixed and mobile telecommunication networks. It provide services to residential, business, private and public organizations. ICE is headquartered in San Jose, Costa Rica.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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