As of April 2021, the Ventus wind power plant, an electricity generation park with an installed capacity of 54 MW, will begin operating in El Salvador.
The new power generation park, which has 15 wind turbines of 120 meters high each, is located in the municipality of Metapan, Department of Santa Ana.
The Capella Solar wind power plant, being built by Neoen in El Salvador, is 90% complete and is scheduled to begin operations in April 2020.
From Neoen's statement:
December 23rd, 2019. Neoen, a world leader in renewable energy and long-term investor in El Salvador, closes 2019 by developing the final phase of construction of its second photovoltaic project in the country, called Capella Solar.
The plant was inaugurated on 29 October and forms part of the Bosphorus project, which consists of the commissioning of 10 power generation parks of 10 MW each.
From January to June 2019, 52 environmental impact studies were presented to carry out works on electricity networks and build power generation plants in different areas of Central American countries.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
Banco Cuscatlán approved a $10 million loan for the construction of part of the Ventus wind farm, which will have a capacity of 54 MW and will be in the municipality of Metapán.
Banco Agromercantil de Guatemala announced a $43 million loan for the construction of part of the 54 MW Ventus wind farm to be located in the municipality of Metapán.
In Central America and the Dominican Republic, the installed capacity of energy generation reaches nearly 20,000 MW, of which 62% correspond to clean sources.
Figures compiled by the Latin American Energy Organization (Olade) indicate that by 2017 the installed capacity of clean or renewable energy generators, including wind, hydro, solar and geothermal, exceeds non-renewable sources.
In the first nine months of 2018, 33 environmental impact studies were presented in the countries of the region to develop energy generating plants and work on electricity grids.
The interactive platform "Construction in Central America", compiled by the Business Intelligence Unit at CentralAmericaData, includes an up to date list of public and private constructionprojects for which environmental impact studies (EIA) were submitted to the respective institutions of each country.
In El Salvador, twelve renewable energy generation projects with a total capacity of 23 MW are preparing to start operations between 2018 and 2020.
The National Energy Council (CNE) reported that the dozen energy generation projects, which will begin operations in the period between 2018, 2019 and 2020, will have the capacity to supply electricity to 771.350 households in the country.
Lack of legal certainty, electricity theft and social conflicts are forcing businessmen in Guatemala's energy sector to choose to relocate their investments to El Salvador.
Last year, the companies Applied Energy Services (AES) and Corporación Multi Inversiones (CMI), both US and Guatemalan capital, decided to invest $47 million in solar energy projects, encouraged by the facilities offered to the energy sector in El Salvador.
In El Salvador, Energía del Pacifico has announced that it has met the requirements to obtain financing, and that it will start construction of the plant in the third quarter of the year.
Last year, 87 environmental impact studies were submitted in the countries in the region, for the construction of power generation plants and works on electricity networks.
Panama is the country in the region where the largest investment is concentrated, with an approximate $1.29 billion in energyprojects, corresponding to 32 environmental impact studies submitted to the Ministry of the Environment between January and December 2017.
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.
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