El Salvador - Page 2 of 8 - New Energy Events

MPC Energy Solutions selects EPC contractor for the construction of new 21 MW solar power plants in El Salvador
September 7, 2021
MPC Energy Solutions has selected ISOTRON SA, part of Spanish Grupo ISASTUR, as EPC contractor for the construction of its Santa Rosa & Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined capacity of 21.07 MWp. The construction will commence in September upon financial close with the project financing lender. The […]
IDB Invest, Neoen improve the stability and security of El Salvador’s power grid
August 2, 2021
IDB Invest, a member of the IDB Group, has granted two long-term loans to the Capella Solar and Providencia Solar projects operated by Neoen, one of the most dynamic renewable energy producers in the world. The resources will be used to finance two new energy storage batteries for the aforementioned projects and to refinance the […]
El Salvador plans bitcoin mining using geothermal energy
July 14, 2021
El Salvador announced plans on accepting cryptocurrency as legal tender and calls for the use of geothermal energy for bitcoin mining in the country. News outlets around the world are going a bit wild on recent stories that El Salvador wants to “power crypto-mining with 100% cheap, renewable ‘Volcano’ energy”. Before jumping on that wagon, […]
Cryptocurrencies, central banks, and the Caribbean
June 22, 2021
In less than three months’ time, El Salvador intends becoming the first country in the world to make Bitcoin its official currency alongside the US Dollar. The country’s President, Nayib Bukele, a populist and media savvy disruptor, says that his decision will generate employment, enable the financial inclusion of tens of thousands of the country’s […]
Latin American and Caribbean countries use volcanic landscapes to tap geothermal energy
May 8, 2021
Geothermal, a renewable energy source that involves drilling for hot steam deep underground, currently provides less than 1% of the world’s energy. It’s a resource that could theoretically be accessible everywhere on the planet. Advocates are particularly interested in increasing its footprint in developing countries, such as Latin America and the Caribbean, to help boost […]
Climate and Migration: Two Biden priorities meet in the Northern Triangle
April 26, 2021
US President Joe Biden will kicked off what promises to be a signature campaign of his presidency: a mission to rally nations around the world to unprecedented climate action. At a virtual Leaders Summit on Climate, Biden will mark the return of the United States to the Paris Agreement with what is expected to be […]
MPC Capital Raises $100 Million USD to build green energy plants in Colombia, Jamaica, El Salvador
February 1, 2021
MPC Capital AG has launched a new entity named “MPC Energy Solutions” after raising $100 million. The entity has listed 5 projects under development in Colombia, El Salvador and Jamaica anticipating construction will start in the second half of this year and begin energy production at the end of 2022. Source
MPC Capital says construction complete on 6.4-MWp El Salvador solar farm
January 5, 2021
Hamburg-based asset manager MPC Muenchmeyer Petersen Capital AG announced that the construction of its 6.4-MWp San Isidro solar project in El Salvador had been finalized. Source
Scientists link record-breaking hurricane season to climate crisis in Central America
November 19, 2020
Climate scientists say that this year’s record-breaking hurricane season and the “unprecedented” double blow for Central America has a clear link to the climate crisis. Source