Electricity: New Investments AnnouncedThursday, April 8, 2021 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. Wind Energy: Wind Farm to Start OperationsTuesday, April 6, 2021 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.
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Solar Energy: $26 Million Investment PlannedThursday, March 4, 2021 A solar energy generation park is to be built in the department of Jutiapa, Guatemala, which will have approximately 274 thousand panels and will be located on a 127-hectare plot of land. According to the interactive platform "Construction in Central America" of CentralAmericaData's Business Intelligence area, Solar El Progreso S.A., submitted to the Ministry of Environment the Environmental Impact Study (EIA) to develop the project called "Solar Santo Tomas". El Salvador: Spanish Corporation Interested in Solar PowerMonday, May 17, 2010 Solar Millennium, an energy company from Spain, will conduct a feasibility study for large-scale solar energy production in El Salvador. The announcement was made by Hugo Martínez, El Salvador’s Foreign Relations Minister, after meeting in Spain with Enrique Martínez-Pomar, director of Solar Millennium. Panama: Billions in Solar Energy?Thursday, October 8, 2015 The company SkyPower has said it will invest in Panama $1 billion over 5 years in the construction of power plants and a solar energy research center. After meetings with President Varela in the US, one of the largest solar companies in the world issued a press release announcing the construction of wind farms that will generate up to 500 MW, with an investment of one billion dollars. EU Solar Energy ProgramWednesday, September 9, 2009 'Euro-Solar' was started in 2007, and aims to provide solar energy based electricity to 600 rural communities. El Salvador, Guatemala, Nicaragua, Honduras, Bolivia, Peru, Ecuador and Paraguay were the original beneficiaries of this project, however, Honduras was excluded from the contract signed today. Investing in Solar Energy Now ProfitableWednesday, March 21, 2012 Not too long ago it was difficult to get funding for solar projects. Currently, 15% returns are attracting investors like Warren Buffet, Google and Metlife. A short time ago investing in solar power generation was risky unless it had the guarantee of backing from the United States government, but today, the outlook for profits, around 15% of the investment, has made it an attractive business to get into. Honduras: Contracts for Solar FarmsFriday, October 17, 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 .: Nicaragua Hosts Forum on Solar EnergyFriday, May 6, 2011 The fourth Latin American forum on solar energy will be held From 16 to 21 May in Managua. The forum, sponsored by the European Union, will bring together experts in the subject in order to publicize results of successful projects in the region and share experiences. Plans to Build Solar PlantTuesday, November 7, 2017 Capella Solar plans to begin the construction of a photovoltaic generation plant in Usulután, El Salvador, in the second quarter of 2018, with an estimated $150 million investment. Capella Solar obtained two contracts to supply 100 MW of energy in the tender to supply 170 MW of renewable energy led by DELSUR and whose winners were announced on 11 January. To comply with these contracts, the plant, which will be built on a 465-acre lot in Usulután, must be ready to begin uploading power to the grid in April 2019. The estimated investment is $70 million. Panama as Solar Energy MarketMonday, June 16, 2014 The growth of electricity demand and favorable prices ranging from between 20 and 40 cents per kilowatt hour have been highlighted as most noteworthy. It is expected that the solar market will add 700 megawatts of new capacity in 2014, representing 2 percent of world demand in the solar market until 2018. This rate requires developers to move with speed in order to enter new countries. El Salvador Plans to Invest $45 million in Solar EnergyTuesday, October 20, 2015 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. 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. " Panama: License for 77 MW Solar PlantThursday, November 27, 2014 Compañía Solar de Panamá has been granted a provisional license to build and operate a photovoltaic generation plant called Scott Solar, in the district of Penonomé, Cocle province. From the order given by the National Authority for Public Services (ASEP): Energy: Commercial Sector Consumption RecoversMonday, January 18, 2021 In Panama during May 2020 the demand for electricity from the commercial sector bottomed out, as consumption fell to 195 million kwh due to the pandemic, but in the following months the figures improved and in November the turnover rose to 297 million kwh. Although the cumulative figures from January to November 2020 show that consumption in commercial establishments fell by 26% compared to the same period last year, a significant recovery was reported in the last months of last year. Panama: 10 MW Solar Plant ConnectedThursday, February 4, 2016 The Solar photovoltaic plant located in the province of Cocle has the capacity to generate 9.9 MW. From a statement issued by Solarcentury: |
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