Central America - Page 7 of 11

USD 100m loan deal for renewable projects in Central America
November 12, 2018
The Central American Bank for Economic Integration (CABEI) and the Japanese Bank for International Cooperation (JBIC) have signed an agreement to provide a USD 100 million loan for energy efficiency and renewable energy projects in Central America. This loan aims to strengthen green financing operations, and support projects that generate clean energy, encourage regional development […]
USD 1bn from Green Climate Fund to support climate action projects
October 24, 2018
Nineteen new projects supporting climate action in developing countries were approved for financing at the 21st meeting of the Green Climate Fund (GCF) Board, and will receive a total of USD 1.048 million. The GCF board also launched the Fund’s first formal replenishment, a key moment in the development of what is now the world’s […]
SMA surpass 1GW of installed solar capacity in LAC region
October 12, 2018
German company SMA Solar Technology AG (SMA), global specialists in PV system technology, surpassed 1GW of installed solar capacity in Latin America, they announced in a press release this week. The company has contributed to solar energy projects across the region, including in Central America and the Caribbean. Notably, last year they supplied a system […]
Geothermal plant in Nicaragua reports record-level power generation
August 20, 2018
Last week Polaris Infrastructure announced its Q2 2018 results, reporting record-level power generation in the San Jacinto-Tizate Power Plant in Nicaragua. The project generated 139 GWh, resulting in a revenue of US$17.7m during the quarter. In comparison to 2017 reports, this growth represents an 11% increase in revenue which was due to higher average production […]
IRENA wants a clean energy corridor in Central America
August 3, 2018
The International Renewable Agency (IRENA) is promoting the creation of a clean energy corridor (CECCA) in Central America, which could promote cross-border trade of renewable energy in the region and could potentially increase the use and infrastructure of clean resources. To properly execute this, IRENA has been focusing its research on addressing issues related to […]
10 MW solar plant completed in El Salvador
August 3, 2018
AES, the Salvadorian subsidiary of the American electric company AES Corporation, has announced the connection of a 10 MW solar plant, La Unión, to El Salvador’s electric grid. This represents the first of three stages of the Bósforo project which aims to connect 100 MW of solar power to the country’s national grid. La Unión […]
Private sector playing big role in Central American Renewable Market
August 1, 2018
The number of renewables projects in Central America has been growing and attracting international investments, which have helped promote the development of innovative and clean projects. Today, in most countries of the region, private investments have surpassed public investment, which aim to promote decentralized projects throughout the country. The region produces 54.4% of their total […]
El Salvador launches auction to procure 28 MW of solar and biogas
June 6, 2018
El Salvador just launched an auction to procure 28 MW of renewable energy. Eligible projects will include solar PV – ground-mounted and rooftop – up to 2 MW in size and biogas projects not to exceed 1 MW. Consejo Nacional de Energía (CNE), El Salvador’s energy regulator, is the authority managing the auction, and expects […]
Honduras inaugurates first utility-scale geothermal project
May 2, 2018
Honduran President Juan Orlando Hernández and U.S. Overseas Private Investment Corporation (OPIC) Vice President for Investment Policy Ryan Brennan inaugurated Geotérmica Platanares, a 35 megawatt geothermal baseload power plant in western Honduras. The project is supported by $135 million of financing from OPIC, the U.S. Government’s development finance institution, and developed by Reno, Nevada-based Ormat […]