Honduras: More Investment in Wind Power

12 turbines have been added at Cerro de Hula wind farm, with an additional investment of $63 million.

Thursday, December 13, 2012

Currently the Cerro de Hula wind farm, owned by Energía Eólica de Honduras, a subsidiary of Globeleq Mesoamerica Energy, has a generating capacity of 102 MW.

The investment of $63 million announced by Deputy Minister of Natural Resources of Honduras, Roberto Cardona, will increase generation by 25 MW, bringing the total generating potential of Cerro Hula to 127 MW.

An article in Elheraldo.hn reports that EEHSA's president, Jay Gallegos, said that "in the first part of the project some of locations were not used, these are being analyzed for a second stage. In these areas there is less wind , but they could generate 25 megawatts which would help the country a lot, and a proposal has been presented to the authorities of ENEE and they have accepted. "

More on this topic

Honduras: Financial Guarantee for Expansion of Wind Farm

February 2014

The Multilateral Investment Guarantee Agency has provided a guarantee of $82.4 million for a 24 MW expansion in the Cerro de Hula wind farm.

The institution of the World Bank Group which offers insurance against political risks and credit enhancement mechanisms, has provided a guarantee of investment to support the expansion of 24 MW at the Cerro de Hula wind farm, which has an existing capacity of 102 MW.

Wind Projects in Honduras Confirmed

January 2013

The government has finalized three agreements for electricity generation in wind farms which will produce 94 megawatts of clean energy.

A statement from the Presidency of Honduras reads:

Government signs three agreements for wind power generation
Thursday, December 20, 2012

More Investment in Wind Power Promised

September 2011

At the opening of Cerro de Hula wind project in Honduras, the director of Mesoamérica Energy announced their willingness to invest in an additional 25 megawatts.

Mesoamerica Energy's director, Jay Gallegos told the press, "We have built about 80 percent this project, it is the largest in Central America and we want to invest in an additional 25 megawatts, which is an increase of one quarter."

Honduras: 102MW Wind Farm Contract Awarded

August 2010

A consortium formed by Gamesa and Iberdrola has been awarded the Cerro de Hula wind farm construction project.

Gamesa makes up 76% of the consortium and Iberdrola Engineering and Construction the remaining 24%. The project is for Mesoamérica Energy, a renewable energy company, via its local Honduran subsidiary, Energía Eólica.

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