El Salvador Plans to Invest $45 million in Solar Energy

AES has started to operate a 2.5 MW photovoltaic power plant in Moncagua, San Miguel, and announced plans to build three plants of 10 MW each in 2016.

Tuesday, October 20, 2015

The company's president, Abraham Bichara, told Elmundo.sv that "... there will be three modules of 10 MW each in which we are investing at least $45 million, at $1.5 million per megawatt, and we have already identified the land. "

The new 2.5 MW plant which has been operating in Moncagua since 19 October is "... part of a new line of business for AES Solutions, the company aims to develop distributed generation projects (also called solar farms) which are connected to the electric power distribution network and are installed at points close to the consumer. "

Elsalvador.com reports that "... According to the plant´s manager, Luis Perez, the project has more than 8000 panels installed with a capacity of 310 watts per panel. "



More on this topic

Renewable Energy: New 100 MW Solar Plant

May 2018

The plant that AES El Salvador has inaugurated in La Union, required a $160 million investment, and has 44 thousand polycrystalline-type photovoltaic modules, in an area of ​​149 sqm.

Pasaquina is the first of ten solar power generation plants that AES El Salvador and Corporación Multi Inversiones plan to build in the three phases of the project.  It is expected that the plants will start operations gradually over the next two years.

$160 million Investment in Solar Energy

September 2017

AES El Salvador and Corporación Multi Inversiones have announced an investment plan that includes the construction of ten solar plants with capacity to generate 10 MW each in different areas around the country.

The solar power generation project will be operated by AES El Salvador, and is expected to be developed in three phases, according to the two companies involved in the initiative. 

Honduras: Contracts for Solar Farms

October 2014

A Canadian company will supply PV modules for two plants to be built in southern Honduras which will produce a total of 145MW.

From a statement issued by Canadian Solar Inc .:

Canadian Solar Inc. today announced it has entered into a sales contract to supply photovoltaic (PV) modules for two projects totaling 146.4 MWp, utiliy scale, in Honduras.

License for Solar Plant in Panama

August 2014

A provisional license has been granted for the installation, operation and exploitation of a 19.8 MW solar park called Parque Fotovoltaico Mata de Nance in the province of Chiriqui.

From a statement issued by the National Public Services Authority of Panama (ASEP)

"...Resolves to:

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