El Salvador - New Energy Events

CECSA inaugurates first hybrid power plants in El Salvador
May 31, 2024
CECSA, a subsidiary of the National Electrical Transmission Entity (ENTE), has unveiled the first two hybrid power plants in El Salvador, integrating hydroelectric and photovoltaic generation. Situated in San Matías and San Luis, these plants collectively supply 5.1 MW into the national grid. Source: PV Magazine LATAM
MPC Energy Solutions opens two solar farms in El Salvador
November 17, 2022
MPC Energy Solutions recently opened two solar farms in El Salvador with a combined capacity of 21.07 MWp. Source: Renewables Now
El Salvador launched first state-owned solar PV project
November 17, 2022
El Salvador launches its first state-owned solar project. CEL, the state-owned power producer started construction on a 17 MW solar PV farm in the south-west. The total investment is in the order of US$20 million. Source: Renewables Now
Neoen launches commercial operation of two batteries within the Capella and Providencia solar plants in El Salvador.
October 5, 2022
French company Neoen began commercial operation of two batteries within the Capella and Providencia solar plants in El Salvador, with a total storage capacity of 11 MW/8 MWh. Source: PV Magazine LATAM
Banco Promerica issued its first sustainable bond in El Salvador for US$20 million
July 14, 2022
Banco Promerica issued a US$20 million dollar sustainable bond in El Salvador, the first of its kind for the country. It is part of a first sustainable bond issuance program for up to 100 million dollars with a term of 5 years. IDB invest participated as an investor and a buyer of the bonds. Source: […]
El Salvador to issue bitcoin bonds through geothermal company, LaGeo
March 29, 2022
El Salvador will use LaGeo, the state-owned geothermal company, to issue bitcoin bonds. The plan foresees the bonds to go to the market between May and July. Source: Think Geo Energy
El Salvador will expand its installed geothermal power energy generation to 300 MW
March 15, 2022
El Salvador will expand its installed geothermal power energy generation from 204 MW to 300 MW with the construction of new plants in Chinameca, San Vicente and Volcán de Conchagua. Source: Think Geo Energy
Pros and cons for El Salvador, the first bitcoin nation
September 10, 2021
El Salvador became the first country in the world to recognize bitcoin as legal tender, a move President Nayib Bukele says will save Salvadorans living abroad millions of dollars in commissions on money they send home. Despite Bukele’s popularity, the move has been greeted with skepticism by many Salvadorans who are concerned about the cryptocurrency’s […]
Inter-American Dialogue launches task force on climate change in the Northern Triangle
September 10, 2021
The Inter-American Dialogue has launched a task force to tackle climate change in the Northern Triangle. The countries of Central America’s Northern Triangle (El Salvador, Guatemala, and Honduras) are among the most vulnerable in the world to the severe and mounting impacts of climate change. Hurricanes regularly strike the region, compounding preexisting humanitarian and economic […]