Trending...
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Rx Processing Corp.com The Forth Of July 2025
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
MIAMI - OhioPen -- 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 Ohio Pen
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 Ohio Pen
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 Ohio Pen
- DivX Empowers Media Enthusiasts with Free Expert Guides for Advanced MP4 Management
- 2025 MBMA Student Design Competition Now Open
- Assent Expands Executive Team to Accelerate Global Growth & Innovation
- The World's Largest Green Economic Revolution Emerges as Nature, Tech, and Finance Converge
- Vinnetwork Unveils Decentralized AI Platform with Vinnetwork(VIN) Token to Challenge Tech Giants' Data Monopoly
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 Ohio Pen
- Centennial Flyers to Become Colorado's First Launch Customer for All-Electric B23 Energic Aircraft
- Fully Accountable Introduces Interactive Accounting Scorecard to Improve Financial Performance
- Pyro Marketing Opens New Digital Marketing Company in Saint Petersburg to Power Growth for Fitness and Ecommerce Brands
- Dr. John Salerno of Salerno Wellness Introduces Their New Full Body Capsule for Advanced LED Light Therapy Patient Treatments
- Warren County Park District Unveils Bold Strategic Plan to Shape Future of Parks and Green Spaces
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 Ohio Pen
- Paul E. Saperstein Co. Announces Geographic Expansion of Auction Services
- 216 Marketing Launches New Website to Expand Local SEO and Digital Marketing Services
- Florida Broker Bent Danholm Featured in the Daily Mail's U.S. Real Estate Coverage
- Robin Launches Legal Intelligence Platform to solve intelligence gap in Fortune 500 legal teams
- Melissa B. Releases Digitally Independent: Empowering Music Artists with AI and Brand Strategy
- Consumer Accountability Alliance Issues Formal Notice Alleging Proximate Liability for Medical Harm
- Utah Metal Fabricator Titan Forge Builds Momentum with Custom Steel Projects and Spiral Staircases
- Jason Koch: Pioneering the Future of Real Estate Development in New Jersey
- CameraSecurityNow.com Introduces Verkada's AI-Powered Search for Faster, Smarter Footage Analysis
- Bach and Beyond: Cellists Return to the Beach for 2nd Annual Bethany Beach Cellofest
- World-Class, Turnkey Cro Facility Available Through Bankruptcy Sale with Full Suite of Lab Equipment & Intellectual Property
- NR7 Miner launches zero-cost USDT cloud mining service: daily stable income + referral rewards for double profit
- Deaths Spur Closures, but Troubled Teen Camps Must Be Banned, CCHR Warns
- Palmer Lake Wine Festival To Build Bridges in Small Mountain Community, Highlight Local Businesses
- SacraPod Suites Unveils AI-Powered 'Work + Rest' Smart Hospitality Model for Retrofitting Underused Motels Across the U.S
- From Real Estate to Reel Power: H.L Woods Carves His Legacy as a Cutting-Edge Visionary Filmmaker
- Rx Processing Corp.com The Forth Of July 2025
- New Release: 'The Invisible Alternative' Unveiled by Atrisk Corporation, Resilient
- Cynthia Pinot Among Artists Selected for Renowned London Art Biennale 2025
- Real Estate Experts Highlight Jersey Shore as a Smart Buy in 2025