Costa Rica Free Trade Zone: A Guide for Solar
For entrepreneurs and established companies looking to supply the Americas with solar modules, Costa Rica''s Free Trade Zone
While hydroelectric power dominates the energy mix at approximately 80% of electricity production, solar energy, though currently a smaller contributor, holds significant potential to diversify and stabilize the grid. This paper investigates Costa Rica's renewable energy journey, emphasizing solar power's evolving role.
Critically, the literature reveals gaps in solar-specific research for Costa Rica. While hydroelectric and geothermal energy dominate academic focus, solar remains underrepresented, despite its potential to address energy security and grid stability.
ICE has installed 2,559 systems in homes, 649 systems installed for community activities, and 132 systems installed in conservation areas. There are three major solar parks in Costa Rica; Juanilama by Coopeguanacaste, Pocosol by Coopelesca, and Valle Escondido that will be built in 2021 by BMR Energy, contracted by ICE but not in use.
Currently, Costa Rica generates less than 1% of its energy production using solar power. The rest of the production is 79% Hydro, 12% Wind and 8% Geothermal. The final users of solar equipment are found in the residential, commercial, utility and in a lesser degree off-grid mostly in the inaccessible mountains and Cocos Island.
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