El Salvador - Page 6 of 8 - New Energy Events

El Salvador announces upcoming renewables auction
October 25, 2017
El Salvador’s energy regulator, Consejo Nacional de Energía (CNE), is expected to hold an auction for for solar and biogas power by January. The announcement came via CNE’s twitter account, which gave a preview of the auction to be expected in the coming months. Luis Reyes, executive secretary of the CNE, noted that details are […]
El Salvador: New solar PV plant contributes to lower electricity price
July 18, 2017
A new solar PV plant is contributing to a lower electricity cost in El Salvador. The 25 MW expansion to the Providencia solar PV plant (now totalling 60 MW) is selling power to the national grid at a price of $0.1019/kWh. According to the Consejo Nacional de Energía (CNE), this price is 18% lower than […]
El Salvador adds 101 MW of PV to energy mix
May 8, 2017
French independent power producer Neoen has announced that its 101 Providencia Solar PV power project in El Salvador is now operational. The plant, which is the largest PV installation in the Central American nation, consists of the 76 MW Antares facility, which was selected in a recent energy auction, and the 25 MW Spica section, […]
El Salvador: Contracts signed for 170 MW of solar and wind
March 29, 2017
El Salvador’s power distributors have this week signed contracts for the winning projects in the country’s renewable energy auction, which was held by the government in January. Among the projects are four PV plants with a combined capacity of 119.9 MW. The auction ended with an average price of $51.48/MWh. This is the lowest price […]
Central America receives $92.5m IFC investment for clean energy financing
January 24, 2017
IFC, a member of the World Bank Group, has provided $92.5 million in long term financing to four subsidiaries of Grupo Promerica in four Central American countries to boost access to finance for small and medium enterprises. Though small and medium enterprises are engines of job creation, representing 95 percent of all companies in Costa […]
El Salvador: $49/MWh solar in latest auction to bring 170MW wind and solar
January 13, 2017
Five projects totaling 169.9 MW comprising solar and wind projects were awarded this week in El Salvador’s second renewable energy auction. Winning bidders included a 50 MW wind project at $98.78/MWh and 119.9 MW of solar PV projects ranging from $49.55 – $67.24. According to El Salvador’s National Energy Board (CNE), the awarded projects will represent […]
Bolivia geothermal exploration to begin 2017
December 8, 2016
Bolivia has committed to diversifying its energy supply, and if all goes according to plan geothermal will be an integral part of their profile. Geothermal exploration at the Laguna Colorado site – close to the border of Chile – is set to begin in 2017 with the support of ICE from El Salvador. The plant […]
El Salvador solar gets $50m funding
November 22, 2016
El Salvador might be seeing more solar in its future. The Obama administration announced its intention to provide further funding for renewable energy worldwide, including solar projects in El Salvador. The Overseas Private Investment Corporation (OPIC), the US government’s international finance division, will commit $50m towards eight utility-scale solar PV projects in El Salvador. These projects will […]
El Salvador, Bolivia: Countries Agree to Cooperate in Installation of a 5 MW Geothermal Pilot Plant
November 13, 2016
El Salvador and Bolivia are looking forward to “an opportunity for integration [and] greater income” via a partnership that will allow short-term energy integration between the two countries. State-owned Bolivian oil company, YBFB, will become a supplier, marketer and distributor of LPG to El Salvador, while the latter country with Salvadoran company LaGeo will provide […]