Tag Archives: El Salvador

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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