El Salvador secures US$9.7 million financing for San Matías solar plant to expand renewable energy capacity

El Salvador’s Legislative Assembly has approved a US$9.7 million loan from the Kuwait Fund for Arab Economic Development to finance the San Matías photovoltaic solar plant in La Libertad. The financing, with a 25-year term and a 3-year grace period, will support the expansion of renewable energy capacity through solar power generation.

Source: PV Magazine LATAM