El Salvador: $30 Million for Solar Energy at Hotels

The $30 million initiative intends to foster energy generation through solar panels in Salvadoran Hotels.

Wednesday, October 28, 2009

The funds will be provided by the Multisector Investment Bank (BMI), and KfW, Germany's government-owned development bank.

Samuel Salazar, director of Fiagro, a Salvadoran foundation for agricultural technology innovation, told newspaper Laprensagrafica.com: "...the project wants companies to protect the environment and save money by using solar power for lighting or water heating".

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