Tag Archives: El Salvador

El Salvador reaches 633 MW of photovoltaic

According to data from the General Superintendence of Electricity and Telecommunications (Siget), solar photovoltaic represented 21.1% of the total installed capacity in 2023.The General Superintendence of Electricity and Telecommunications (Siget) has released the data on installed capacity for 2023, which highlights that photovoltaic power occupies 21.1% of the total, very close to the 21.2% of … Continue reading El Salvador reaches 633 MW of photovoltaic

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Central America expects growth of up to 25% in photovoltaic (PV) energy by 2025

Panama, Costa Rica and El Salvador are entities in which a dynamism in photovoltaics (PV) is awakening due to the high prices of other energy sources.The photovoltaic (PV) industry in Latin America could register a growth of between 10 and 15% on average per country during 2025, similar to this year, according to Sergio Rodríguez, … Continue reading Central America expects growth of up to 25% in photovoltaic (PV) energy by 2025

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Investment opportunities for utility-scale solar and wind areas: El Salvador

Through a rigorous and collaborative process involving local representatives, this study integrates diverse datasets covering population density, land use and infrastructure networks, as well as renewable and meteorological data, to identify favourable zones in El Salvador for utility-scale solar photovoltaic (PV) and onshore wind projects. The analysis reveals that a significant portion of El Salvador’s … Continue reading Investment opportunities for utility-scale solar and wind areas: El Salvador

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The Rise of Wind Power in El Salvador

The rise of wind energy in El Salvador’s energy market has been nothing short of remarkable. In recent years, the Central American nation has made significant strides in harnessing the power of wind to generate clean, renewable energy for its citizens. This development has not only helped the country reduce its dependence on fossil fuels … Continue reading The Rise of Wind Power in El Salvador

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El Salvador Eyes Major Renewables Push Under New Partnership with IRENA

El Salvador has today signed a framework agreement with the International Renewable Energy Agency (IRENA) that will see the two parties work closely to drive the Central American country’s national decarbonisation efforts in support of climate and economic development objectives. The agreement was signed during the 12th Assembly of IRENA by Ms Alexandra Hill Tinoco, … Continue reading El Salvador Eyes Major Renewables Push Under New Partnership with IRENA

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IRENA Offers El Salvador a Strategic Action Plan To Drive Energy Transformation

Enhancing long-term planning for the renewable energy sector, fostering project development and establishing clear institutional frameworks are among the key action areas that can significantly accelerate the deployment of renewable energy in El Salvador, according to recently published recommendations by the International Renewable Energy Agency (IRENA). ‘Renewables Readiness Assessment: El Salvador’ identifies challenges for renewable … Continue reading IRENA Offers El Salvador a Strategic Action Plan To Drive Energy Transformation

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El Salvador advances in wind energy projects

The bet of the current government of El Salvador to diversify the energy matrix continues. For this year 2020, in the Municipality of Metapán, in the coming months, the first wind power plant in El Salvador will come into operation, in charge of the company VENTUS, it is a million dollar investment that will generate … Continue reading El Salvador advances in wind energy projects

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El Salvador to build wind power plant with wind turbines from China

El Salvador has already advanced 30% in the construction of the Ventus Wind Farm, located in Metapán, and this day new wind turbines have arrived. El Salvador has already advanced 30% in the construction of the Ventus Wind Farm, located in Metapán, and this day new materials have arrived in the country to advance in … Continue reading El Salvador to build wind power plant with wind turbines from China

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Wind energy in El Salvador: Metapán wind power project has 30% progress

The Ventus wind farm with Vestas wind turbines that is built in Metapán, first of its kind in El Salvador, has a 30% progress and is expected to be operational for the last quarter of next year. Christopher Kafie Hasbún, representative of Ventus, explained that “much of the progress in a wind power project has … Continue reading Wind energy in El Salvador: Metapán wind power project has 30% progress

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Wind power in El Salvador: BAM finances new wind farm

Ventus, SA is the wind farm to be built in the municipality of Metapán, department of Santa Ana, El Salvador, a wind energy project that requires an investment of $ 85.5 million, of which Banco Agromercantil de Guatemala (BAM) will finance 50%, to which approved a loan for $ 42.75 million. It will have the … Continue reading Wind power in El Salvador: BAM finances new wind farm

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Wind energy in El Salvador: Vestas wind turbines for a first wind farm

Vestas has received its first ever wind power order in El Salvador for the 54 MW Ventus wind farm, which will be the country’s first utility-scale wind power plant. The engineering, procurement and construction (EPC) order has been placed by Ventus S.A. de C.V. and Tracia Network Corporation that are both joint ventures between experienced … Continue reading Wind energy in El Salvador: Vestas wind turbines for a first wind farm

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El Salvador is seeking 150 MW from renewable energy, wind power and solarenergy

El Salvador’s national energy council is seeking 150MW of capacity from renewable energy sources including wind power and solar energy.   The Council is kicking off a tendering process after learning the results of a study that determined the maximum capacities of wind power and solar photovoltaics the network can handle. The tender will be … Continue reading El Salvador is seeking 150 MW from renewable energy, wind power and solarenergy

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Enel Green Power exits El Salvador

Enel Green Power sells its 36.2% stake in La Geo to state-owned INE that already owns 63.8% of the company. The Italian renewable company cashes in 280 million USD and closes operations in the country.   Enel Green Power (EGP) and Inversiones Energéticas S.A. de C.V. (INE), the Salvadorian state-owned energy company, signed an agreement … Continue reading Enel Green Power exits El Salvador

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Central America is attracting attention from solar energy photovoltaic power developers

Set to install an impressive 1.5 gigawatts (GW) of photovoltaic (PV) capacity within a six-year period through 2018, Central America is attracting attention from PV developers from around the world, according to a new report from IHS Technology (NYSE: IHS).     This year, total PV capacity for the six countries of Costa Rica, El … Continue reading Central America is attracting attention from solar energy photovoltaic power developers

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SolarReserve Signs Contract to Supply Solar Power in Central America

SolarReserve, a leading global developer of utility-scale solar power projects and advanced thermal energy storage technology, today announced that it signed a supply contract for its 20 megawatt (MW) Acajutla photovoltaic (PV) solar power project in El Salvador as part of a highly competitive tender solicitation by the local electric distribution companies. The tender, the … Continue reading SolarReserve Signs Contract to Supply Solar Power in Central America

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El Salvador solicits bids for 40 MW of wind energy and 60 MW of solar power

El Salvador will solicit bids for 40 megawatts of wind energy and 60 megawatts of solar power in November as the Central American nation seeks to diversify its energy supply from fossil fuels. Developers will compete for contracts to sell electricity for 20 years to local distributors and winners will be announced as soon as … Continue reading El Salvador solicits bids for 40 MW of wind energy and 60 MW of solar power

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Enel Green Power: Geothermal energy in El Salvador

The Paris Court of Appeals yesterday upheld the ruling of the Court of Arbitration of the International Chamber of Commerce (ICC) regarding the international arbitration proceeding undertaken by Enel Green Power against Inversiones Energeticas (INE), its partner in LaGeo, a joint venture for the development of geothermal energy in El Salvador. The Paris Court rejected … Continue reading Enel Green Power: Geothermal energy in El Salvador

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