Bolivia inaugurated Phase II of the largest photovoltaic solar plant in the country, located in Oruro. The solar plant is located on 208 hectares with the installation of 300,000 polycrystalline panels, with a capacity of 330 watts each, and 19 inverters. With its operations, it will raise the total energy production capacity of the complex to 100 MW.
Day: Feb 11, 2021
Russia and Bolivia go to arbitration in the case of the Ilyushin plane
Bolivia and Russia will go to an international arbitration for an alleged debt of more than $1 million, for the operating costs of the Russian Ilyushin 76 plane that helped put out the 2019 forest fires. The debt was generated during the mandate of Evo Morales, but in the state administration of Jeanine Áñez it was not canceled.
Government signed agreements to promote the industrialisation of coca leaf
The Ministry of Rural Development and Lands signed agreements with two universities in the department of La Paz to promote the industrialisation of coca leaf and its use in agricultural production.The agreement aims at the elaboration and agronomic validation of compost based on coca leaf, and the basic transformation of its derivatives.
Value of fuel imports fell 43% in 2020 due to COVID-19 pandemic
The value of fuel imports fell by 43% compared to 2019 due to the impact of the COVID-19 pandemic. Last year, external purchases reached $844 million, while in 2019 they reached $1.48 billion, representing a 43% drop, according to data from the Bolivian Institute of Foreign Trade (IBCE). Diesel purchases accounted for 81% of fuel imports in 2020.
Bolivia to invest $5 million in a study for construction of Ichilo-Mamoré waterway
Bolivia will invest $5 million in a study for the construction of the Ichilo-Mamoré waterway, announced Public Works Minister Edgar Montaño. He added that the aim of this amount is to verify how much investment will be required to develop the project. According to a study by the Servicio de Mejoramiento de la Navegación Amazónica (Senema), the reactivation of the Ichilo-Mamoré waterway could require a budget of more than $70 million.
Bolivia Económica 