Bolivia Expects 163 Megawatts of Renewable Power Within 10 Years

Aug. 4 (Bloomberg) -- Bolivia expects to have at least 163 megawatts of renewable energy capacity in operation within 10 years, according to the country’s Energy Minister.

The ministry is developing an energy plan that will emphasize increased use of renewables, Energy Minister Juan Jose Sosa said yesterday in a radio interview that was cited on the country’s Agency of Information website.

Bolivia’s first wind farm went into operation this year, the 3-megawatt Colpana project that may eventually be expanded to 24 megawatts. The government expects to line up by September a developer to build the next phase of the project and has budgeted $50 million.

To contact the reporter on this story: Vanessa Dezem in Sao Paulo at vdezem@bloomberg.net

To contact the editors responsible for this story: Reed Landberg at landberg@bloomberg.net Will Wade