Trending...
- BREAKING CONSUMER ALERT: Carvana's "Certified" Luxury SUV Buyer Exposes Legal & Mechanical Trauma 'Presses' Charges of Duress, Deception, and Delay
- Injured While Using Rideshare?
- Wealthywet's Miami Swim Week 2025 Debut Signals a New Era of Luxury in Swimwear
MIAMI - Michimich -- ENERGY33, a US-based energy project developer and engineering company, collaborated with VPower Group and City Peten to develop a 13 MW natural gas power plant at City Peten's gas production facility in Peten, Guatemala and signed a 15-year energy sales contract beginning in May 2026 with AMM, Guatemala's energy administrator. This project was developed to take advantage of environmentally friendly natural gas-based power, replacing existing coal and heavy fuel resources that have traditionally supplied a portion of power generation throughout much of the year in Guatemala. The power plant began selling energy to the spot market in April 2024 and attained the classification as an "Efficient Firm Energy Plant" in June 2024.
ENERGY33 led the project's development, overseeing its financial, technical and legal structuring, and facilitating the collaboration among the partners. City Peten, a key player in Guatemala's Hydrocarbons Exploration Sector, is providing the gas from its Peten facility. VPower Group, a global leader in engine-based decentralized power generation, contributed power generation equipment and assumed responsibility for the operation and maintenance of the power plant.
More on Michimich.com
Jason Lee, the CEO of VPower, acknowledged "ENERGY33 played a pivotal role in the project development, implementation and strategic guidance of the electricity market to bring this project to fruition and secure the 15-year energy sales contract."
According to Brett Hall, the CEO of ENERGY33, "We are proud to work with great partners like City Peten and VPower Group to develop projects with clean natural gas that replaces electricity produced with coal and heavy fuel and has a positive environmental impact to the power sector in Guatemala."
About ENERGY33:
ENERGY33 is a company specialized in identifying, structuring and developing power generation investment opportunities in LATAM and offering engineering services in the energy sector. ENERGY33 is technology & fuel agnostic and uses its strong engineering capability to assess and develop projects using natural gas, associated gas, cogeneration, renewables, hybrids with batteries and other complex forms of clean power generation. For more information visit http://www.energy33.com.
More on Michimich.com
About City Peten:
City Peten leads Guatemala's Hydrocarbons Exploration Sector with over 45 years of experience in Latin America. City Peten began development of the Ocultun gas fields in Peten in 2006. The current production is 6.5 MMSCF/day with plans to increase production to 23 MMSCF/day.
About VPower Group:
VPower Group International Holdings, headquartered in Hong Kong, has specialized for over two decades in delivering gas and diesel gen-sets and power generation systems across more than 20 countries in Asia, Latin America, Europe, and Africa to support industrial operations and community development.
ENERGY33 led the project's development, overseeing its financial, technical and legal structuring, and facilitating the collaboration among the partners. City Peten, a key player in Guatemala's Hydrocarbons Exploration Sector, is providing the gas from its Peten facility. VPower Group, a global leader in engine-based decentralized power generation, contributed power generation equipment and assumed responsibility for the operation and maintenance of the power plant.
More on Michimich.com
- Simple Roof Habits that Can Help Ann Arbor Homeowners Save Thousands
- Wilderness Construction Highlights the Most Critical Step in New Window Installation
- The Bridge Chiropractic Shares More on the Kinetic Chain
- JMAC to Host International Martial Arts Seminar Featuring World-Class Instructors
- Edtech Startup Young Commanders Launches 'Visionaries Without Sight' Collection Celebrating Blind and Visually Impaired Historical Figures
Jason Lee, the CEO of VPower, acknowledged "ENERGY33 played a pivotal role in the project development, implementation and strategic guidance of the electricity market to bring this project to fruition and secure the 15-year energy sales contract."
According to Brett Hall, the CEO of ENERGY33, "We are proud to work with great partners like City Peten and VPower Group to develop projects with clean natural gas that replaces electricity produced with coal and heavy fuel and has a positive environmental impact to the power sector in Guatemala."
About ENERGY33:
ENERGY33 is a company specialized in identifying, structuring and developing power generation investment opportunities in LATAM and offering engineering services in the energy sector. ENERGY33 is technology & fuel agnostic and uses its strong engineering capability to assess and develop projects using natural gas, associated gas, cogeneration, renewables, hybrids with batteries and other complex forms of clean power generation. For more information visit http://www.energy33.com.
More on Michimich.com
- Goldstar Rehabilitation Celebrates 15 Years of Early Intervention Across Southeastern PA
- United States Congressional Candidate Peter Coe Verbica Unveils 25-Point Federal Plan to Help Make California Affordable Again
- D8Averse Launches D8Acapture: Disruptive Mobile-First App Transforms Utility Pole Data Collection
- Experience Trembling Firsthand with the New AgeMan® Tremor Simulator
- Mauro Schnaidman named as Managing Director in Miami, Florida
About City Peten:
City Peten leads Guatemala's Hydrocarbons Exploration Sector with over 45 years of experience in Latin America. City Peten began development of the Ocultun gas fields in Peten in 2006. The current production is 6.5 MMSCF/day with plans to increase production to 23 MMSCF/day.
About VPower Group:
VPower Group International Holdings, headquartered in Hong Kong, has specialized for over two decades in delivering gas and diesel gen-sets and power generation systems across more than 20 countries in Asia, Latin America, Europe, and Africa to support industrial operations and community development.
Source: ENERGY33 LLC
0 Comments
Latest on Michimich.com
- Delta Capital Group, Inc. Earns A+ Rating from the Better Business Bureau, Marking Another Milestone in Explosive Growth
- Vice President JD Vance & Industry Leaders at Bitcoin Conference After Partnership Signing to Optimize Cybersecurity Solutions: Bullet Blockchain, Inc
- Actress/Comedian Schelle Purcell Sizzles This Summer with Star-Making Turn in Tyler Perry's #1 Netflix Film, Straw, and Upcoming Comedy Special
- Braxus Entertainment Group Acquires All Star Events
- Global Expansion Fueled via Agreement to Take 90% Ownership of Nook Holdings UAE-Based Sports Incubator by Online Lottery & Sports Game Provider
- Remember Internet Pioneers NetCom Solutions & Network Solutions? Founder Emmit J. McHenry is Now Leading the Emerging Cybersecurity Firm Cycurion
- CIMdata's Sustainability Practice Director to Present at Hexagon Live 2025
- The 2nd Annual Shades of Black Ball Returns to Detroit This June: A Call to Illuminate and Uplift Black Children in Education
- Celebrating Father's Day Weekend with Free Admission for the entire Family, AKC Dog Show, Best in Show and Puppy Event, Product Vendors
- LIB Continuous Innovation: Custom Rain Test Chambers & IP Labs
- csky.ai & DuoKey Launch Secure AI Transcription Solution for Microsoft 365
- Pnlh Pilots Chess Health Solution To Support Outpatient Clients With Sud
- PlayClay.io Launches Streamlined Quoting Platform for Manufacturers' Reps and Distributors
- CIMdata to Host Free Webinar on PLM Status & Trends
- Let's Talk Series: At the Crossroads: Immigration Today
- Cyta Cyprus Selects Axiros' AXESS Platform for Cloud-Native, Data-Driven Device Management
- DealMagik Successfully Concludes National Floral Design Contest with Over 150 Submissions
- Global Epicenter of Mobility Launches Road to 2030 Initiative
- Behavioral Health Advocates to Hold Joint Capitol Hill Press Conference on June 11
- VNBTC Becomes The Top Crypto Investment Platform As Its Bitcoin Cloud Mining Solution Goes Viral