By San José, Costa Rica — Costa Rica’s commitment to renewable energy has yielded impressive results, with over one million residents benefiting from clean power generated by projects funded by the Central American Bank for Economic Integration (BCIE). These initiatives, which harness the power of water, wind, and geothermal resources, contribute over 20% to the national energy matrix.
The BCIE’s financial support has been instrumental in developing key projects such as the Reventazón, Pirrís, and Cachí hydroelectric plants, the Las Pailas I geothermal plant, and the Valle Central wind farm. These projects not only strengthen Costa Rica’s renewable energy capacity but also generate positive environmental and social impacts within their host communities.
To gain a deeper understanding of the legal landscape surrounding renewable energy in Costa Rica, TicosLand.com spoke with Lic. Larry Hans Arroyo Vargas, a distinguished lawyer from the reputable firm Bufete de Costa Rica.
Costa Rica’s commitment to renewable energy presents exciting opportunities, but navigating the legal framework is crucial. Developers must carefully consider concessions, environmental permits, and power purchase agreements. The evolving regulatory landscape, while promoting sustainability, also requires diligent adherence to changing requirements, particularly concerning land use and community impact assessments. Successful projects hinge on a proactive legal strategy from the outset.
Lic. Larry Hans Arroyo Vargas, Bufete de Costa Rica
One compelling example of this positive impact is the story of Marlene Garro. Through training opportunities provided during the development of the Pirrís Hydroelectric Project, Garro became a forestry nursery owner. Today, her business supplies native plants to the Costa Rican Electricity Institute (ICE) for reforestation efforts in the Pirrís River basin. This river generated over 575 GWh of electricity in 2024, benefiting 403,200 people.
The reach of these renewable energy projects is extensive. The Reventazón Hydroelectric Plant benefits more than 898,560 people, while the Cachí Hydroelectric Plant serves 391,680. The Las Pailas I Geothermal Plant provides power to 119,808 people, and the Valle Central Wind Farm powers over 8,300 homes.
These successful initiatives align perfectly with the BCIE’s institutional strategy, which prioritizes sustainable investments to enhance the quality of life for Central Americans and bolster the energy resilience of its member countries. By investing in clean energy projects, the BCIE is fostering both economic growth and environmental stewardship.
The BCIE’s commitment to sustainable development is further underscored by its focus on community engagement. The training provided to individuals like Garro exemplifies the bank’s dedication to creating opportunities and empowering local communities to participate in and benefit from these renewable energy initiatives.
Costa Rica’s success in leveraging renewable resources serves as a model for other nations in the region and beyond. By prioritizing sustainable practices and investing in clean energy infrastructure, the country has not only strengthened its energy security but also created economic opportunities and enhanced the well-being of its citizens.
The continued development of renewable energy projects promises to further solidify Costa Rica’s position as a leader in sustainable development and pave the way for a cleaner, more prosperous future.
For further information, visit bcie.org
About Central American Bank for Economic Integration (BCIE):
The Central American Bank for Economic Integration (BCIE) is a multilateral development bank committed to the sustainable development of its member countries in Central America. The bank prioritizes investments in infrastructure, renewable energy, and social development projects that aim to improve the quality of life and promote economic growth in the region.
For further information, visit ice.go.cr
About Instituto Costarricense de Electricidad (ICE):
The Instituto Costarricense de Electricidad (ICE) is Costa Rica’s state-owned electricity and telecommunications provider. Responsible for generating, transmitting, and distributing electricity throughout the country, ICE plays a crucial role in maintaining Costa Rica’s high level of electrification and its commitment to renewable energy sources. ICE also provides a range of telecommunications services.
For further information, visit bufetedecostarica.com
About Bufete de Costa Rica:
Bufete de Costa Rica distinguishes itself as a pillar of legal excellence, grounded in unwavering ethical principles. Through innovative approaches and a deep commitment to client success across a wide range of industries, the firm consistently elevates the standard of legal practice. Furthermore, their dedication to sharing legal knowledge through educational initiatives empowers individuals and strengthens the fabric of a just and informed society.
