El Salvador - Page 5 of 8 - New Energy Events

El Salvador advances tender for renewable projects
July 23, 2018
The government of El Salvador released details of a new 28 MW tender. The tender will promote solar and biomass energy and will accept bids of up to 2 MW. The country is expecting the tender to bring 20 MW in solar energy projects and 8 MW in biogas. The winners of the tender will […]
Japan donates three hydroelectrical stations to El Salvador
July 16, 2018
Last week the government of Japan donated three hydroelectrical stations, each with an estimated value of US$560,000, to three universities in the country: Universidad de El Salvador, Universidad Centroamerciana and to the Universidad Don Busco. The donation is meant to serve as a tool and provide expertise to local university students. Japan has estimated that […]
Renewable industry key in attracting foreign investment for El Salvador
July 10, 2018
The Economic Commission for Latin America reported that the Foreign Direct Investment in El Salvador is US$792m, representing approximately twice the amount of the last years. This new record in foreign investments has been mainly due to the manufacturing industry which attracted US$414m, but also by the electric sector specifically the renewables which attracted a […]
El Salvador proposes economic investment area for renewables sector
July 10, 2018
The federal government of El Salvador presented the initiative “Free Zones” to Congress earlier this week. The initiative aims to promote investment and increase job creation. The government believes that a Free Zones area can serve as an incentive to attract investment and innovation as it will offer exemptions from income tax, tariffs and municipal […]
El Salvador publishes guidelines for 28 MW tender
June 26, 2018
El Salvador’s energy industry is open for business. Seeking to acquire 28 MW, the government is requesting bids to total 20 MW from solar energy and 8 MW from biogas. The public bid process will start the 14th of August of this year and will end the 12th of December. The winners from this bid […]
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 […]
El Salvador’s 100 MW solar PV project begins Phase 1 operations
May 24, 2018
El Salvador’s solar industry is growing, with the first 10 MW of ten solar PV plants inaugurated this week. When completed, the Bosphorus project will have 10 solar PV projects generating a total of 100 MW. AES El Salvador, the Salvadoran subsidiary of US power company AES Corporation, and the Guatemalan Corporación Multi Inversiones (CMI) are […]
El Salvador could triple geothermal capacity
May 10, 2018
El Salvador has the potential to produce 440 megawatts (MW) in addition to the 204 MW already obtained through geothermal energy, said yesterday the energy specialist of the Inter-American Development Bank (IDB), Toshitaka Takeuchi. The one thing most needed is more investment in training. Although the country is considered the leader in Latin America in terms […]
El Salvador will build 100 MW solar PV with $15m financing from Finland
January 15, 2018
El Salvador’s renewable energy share is steadily growing, and an injection of $15m for a solar project will see that share increase further. Marking FinnFund’s first entry into El Salvador, the Finnish development financier will provide $15 million in loan funding to build 100 MW of solar PV across rural areas. Ten solar power plants […]