El Salvador - Page 4 of 8 - New Energy Events

LNG power plant in El Salvador now under construction
January 14, 2019
The technology group Wärtsilä has started construction on a 378MW LNG-powered project in El Salvador. The power plant, the largest and most efficient in El Salvador, will be one of the first in Central America to use liquified natural gas. Energía del Pacífico, a company formed in response to the Government of El Savador’s call […]
El Salvador opened tender for renewable energy project
December 21, 2018
El Salvador has received eighteen proposals, twelve solar PV projects and six biogas, for a 28MW renewable energy project. The National Energy Council of El Salvador, and the electricity distributor DELSUR received this Wednesday the proposals. The call for tenders had been opened in May. Representatives of SIGET, a government agency overlooking electricity and telecommunications […]
More than 60% of the energy in El Salvador comes from clean and renewable source
December 11, 2018
Renewable energies are now the principal source of electricity generation in El Salvador. More than 60% of the energy produced in the country comes from clean and renewable sources, largely thanks to the “diversification of the national’s energy matrix” and the development and “introduction of solar, wind, biomass, biogas and hydroelectric energy sources”, announced the […]
Neoen secures financing for 140MW solar PV plant in El Salvador
November 30, 2018
Neoen, a 100% renewable energy independent power producer, announced it has secured financing for its 140MW solar PV project, Capella Solar, in El Salvador. Lenders which include the Dutch Development Bank, (FMO) The French Development Agency (Proparco), and the Inter-American Development Bank, will provide USD 143 million. These costs include the installation of a 3MW […]
El Salvador to provide incentives for FDI in solar sector
October 15, 2018
El Salvador recently announced its aim to attract more investments, especially from India, in its renewable energy sector through a package of tax benefits and incentives. El Salvador Ambassador to India, Ariel Andrade Galindo, said “We are looking to collaborate in solar energy. India is becoming one of the largest countries with lots of expertise […]
TSK to build three new solar PV plants in LAC region
October 8, 2018
TSK, a major EPC contractor in the renewable energy sector, announced it won the contracts for the construction of three new solar energy plants in Panama, El Salvador and Argentina. The contracts are valued at $462 million. The 150 MW photovoltaic project in Panama, is led by Avanzalia, a Spanish company specialised in the development […]
IDB $20m credit line for El Salvador will ease financing for sustainable energy
August 7, 2018
The Inter-American Development Bank (IDB) is set to loan US$ 20m to El Salvador to enable investment in renewables and energy efficiency for small and medium enterprises (SMEs). The loan program will be complemented by a non-reimbursable technical cooperation of US $ 1.7 million aimed at developing energy savings measurements and financial risk transfer instruments […]
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 […]
AES forecasts investments of US $10m in solar projects for El Salvador
July 23, 2018
An extra 12 MW of solar energy will be installed in El Salvador by the end of 2019, according to AES Soluciones. This comes as a part of a government effort to renovate the national electric grid of the country, to make it more efficient and reliable and promote the use of renewable sources for […]