In El Salvador during 2021, AES announced that it plans to invest between $60 and $75 million in the development of new solar energy projects and works in the distribution network.
The company already has investments in the country.
The construction and installation of medium and low voltage electrical networks and lighting system of the Paseo del Río Avenue of the Nuevo Domingo Savio Project, Section 1, is tendered.
After Guatemala paid off its debt to Teco Energy, the $15.75 million embargo was lifted, resources that the country had allocated for interest payments from some Eurobond holders.
Arguing that from 2008 to 2013 the Guatemalan National Energy Commission set a maximum amount that electricity distribution companies could charge the user, Teco Energy, a company that was a shareholder of Empresa Electrica de Guatemala, sued the country internationally.
After receiving a ruling opposing the international arbitration disputed with Teco Energy, the New York State Supreme Court ordered the seizure of $15.75 million from Guatemala.
Teco Energy is a company that was a shareholder of Empresa Eléctrica de Guatemala and years ago claimed international arbitration, arguing that from 2008 to 2013 the National Energy Commission set a maximum amount that energy distribution companies could charge the user. This measure caused losses to the distributor.
Empresa Nacional de Energía Eléctrica de Honduras tenders for the supervision and management of projects to expand electrical substations and build new ones.
For the period from November 2020 to January 2021, Deocsa and Deorsa users will be charged an increase in the price of electricity of 1.5% and 1.6%, respectively.
In general terms, it is possible to indicate that for the following quarter the rates show minimal variations derived from the regular behavior of macroeconomic variables that have a direct incidence on the costs transferred to the rates, informed the National Commission of Electric Energy (CNEE).
The Empresa Nacional de Energia Electrica de Honduras tenders the supply and installation of the structures in a 69 kv line section of the L-424 circuit, between the Danlí and Chichicaste substations, and a 34.5kv line section of the L358 circuit, located in San Nicolas Copan.
From January to March 2020, Central American companies imported $22 million in electrical cables and wires, and purchases from China increased by 13% compared to the same period in 2019.
Figures from the Trade Intelligence Unit of CentralAmericaData: [GRAFICA caption="Click to interact with graphic"]
Due to the drop in economic activity generated by the covid-19 crisis, a 7.9% reduction in domestic electricity consumption was reported in the region between March and June 2020, when compared to the levels of the same period in 2019.
Regarding the reduction of internal consumption of electricity in the countries from March to June 2020, we have that Guatemala had a drop in its demand of 239 GWh (Gigawatt hours), which corresponds to 6.6% compared to the consumption of electricity in 2019, in the case of El Salvador with a reduction of 335 GWh, equivalent to 15.4%, says a report from the Regional Operating Agency (EOR).
For the quarter from August to October 2020 EEGSA users will have a drop in their tariff of -1.75% compared to the price of the second quarter of the year.
According to the document issued by the National Commission of Electric Energy (CNEE), between the quarter of May to July this year and the quarter of August to October 2020, the non-social tariff of EEGSA went from 1.32 to 1.28 Q/kWh, which represents a 1.75% decrease.
The authorities announced that a 3% reduction in the price of electricity will be applied as from July 1st, a reduction that would be not enough in the current context of tariff increases.
The Government informs that as of July 1st of this year 2020, Nicaraguan families will enjoy a 3% reduction in electricity rates, which in addition to benefiting the users of the energy service, contributes to guarantee the technical and economic stability of the Electricity Sector, says an official statement.
"The scope for the expansion of the substation consists of the supply, design engineering, installation, transfers, spare parts, factory and on-site testing, and commercial operation.
In El Salvador, the electricity distribution company Delsur announced that this year it plans to invest in building a substation, increasing power transfer capacity and electrifying rural areas.
Directors of the company reported that for this year it is considered to start the construction of the new substation El Volcán, which will serve as an energy supply point for the metropolitan area of Santa Tecla and will require about $2.6 million.
Electricity distributor AES El Salvador announced that this year it plans to invest $36 million in modernizing the network, which includes the renovation of 8,120 residential and industrial meters.
The company's directors informed that they are contemplating works to expand the electricity distribution networks, the renovation of smart meters, the maintenance of overhead lines and the growth in the construction of underground networks.
For the quarter from February to April, tariffs will remain stable because certain variables with a direct impact on generation costs do not show significant changes.
Between -0.01% and -0.03%, variations will oscillate for EEGSA, DEOCSA and DEORSA users, informed the National Commission of Electric Energy (CNEE).
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