El Salvador: $18 million for Energy Storage System

Salvadoran company Energy Investments (INE) will implement a system of energy storage at the Talnique 10MW plant.

Thursday, February 17, 2011

The contract will be executed by Altair Nanotechnologies, Inc., who is responsible for the preparation, installation and testing of the system, which will be delivered in a turnkey contract.

The project is expected to be operating in early 2012. Nicholas Salume, president of INE, said: "This is a solution to improve the reliability of the electricity grid in El Salvador, and will allow us to reduce our dependence on imported fuel."



More on this topic

El Salvador Missing Out on Optimizing Energy Usage

April 2011

Lack of modern regulation caused the cancellation of an $18 million contract to handle variations in voltage frequency.

Altair Technologies (Altairnano) announced that state power company CEL cancelled the contract for the installation of an advanced 10MW battery system Alti-ESS for frequency control.

El Salvador Sells Power to Panama

November 2010

CEL reported that in the months of July and August 80mV / h were exported to Panama.

In 2009 total sales amounted to $ 128 million.

Nicolas Salume, president of the Executive Hydroelectric Commission of the Río Lempa (CEL), said: "We have been exporting 80 megawatts in previous days, because their top hour is one hour ahead of ours (in El Salvador)."

AES El Salvador Buys $350 Million in Energy

May 2010

The company, who distributes 80% of the country’s energy, purchased supply for the next two years.

After a public bidding process, the winning companies were Nejapa Power, Duke Energy and Cutuco Energy.

Abraham Bichara, President of AES El Salvador, told newspaper La Prensa Gráfica that “signing these contracts is strategic, as there will be changes in the energy market … we want to reduce costs for consumers and attract more investment to the country”.

$33 million for Electricity Network in El Salvador

June 2009

The electrification project comprises 1,385 km of distribution lines for electricity in the country’s northern zone.

The contract will be executed with funds from the Millennium, and it will increase electricity coverage from 72% to 97%.

"The project will provide access to electricity service to more than 30 thousand households in 94 municipalities of the Departments of Morazán, La Unión, San Miguel, Chalatenango Santa Ana, Cabañas and Cuscatlán. The deadline for implementation of this project is three years from the signing of the contract, for which Fomilenio will contribute 85% ($28.1 million) and the AES Group will contribute 15% ($4.9 million)," published Elsalvador.com.

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