Honduras

Honduras using solar energy to provide energy to rural communities

August 1, 2018

 The government of Honduras has been investing in renewables projects which now represent 61% of the total energy supply of the country. The expansion in the renewable industry has also allowed for policies which help bring electricity to rural communities in the country. Specifically, the Minster of Community Development, Mario Pineda, explained how this boom […]

Honduras inaugurates first utility-scale geothermal project

May 2, 2018

Honduran President Juan Orlando Hernández and U.S. Overseas Private Investment Corporation (OPIC) Vice President for Investment Policy Ryan Brennan inaugurated Geotérmica Platanares, a 35 megawatt geothermal baseload power plant in western Honduras. The project is supported by $135 million of financing from OPIC, the U.S. Government’s development finance institution, and developed by Reno, Nevada-based Ormat […]

First geothermal plant in Honduras begins commercial operation

September 28, 2017

Honduras joins its neighbors as a geothermal producing country: just this week Ormat Technologies announced its 35 MW Platanares geothermal project has commenced commercial operation. Platanares will sell power under a 30 year PPA with national utility, ENEE, and is expected to generate yearly revenues of $33million on average. Ormat has a Build, Operate, and […]

Honduras’ Platanares geothermal project to begin operations this year

May 16, 2017

Honduras will bring 35 MW of geothermal online this year as Ormat’s Platanares project is anticipated to reach commercial operation by the end of 2017. This announcement was made by Isaac Angel, CEO of Ormat Technologies, in his presentation of Q1 2017 earnings and plans for Platanares geothermal project in Honduras. Ormat Technologies is continuing […]

Honduras: Geothermal plant in advanced stages of construction

February 1, 2017

Construction of the Platanares geothermal power plant in Honduras is at an advanced stage, according to the advisor to the Honduran Council of Private Enterprise (COHEP ), Solomon Ordonez, and as reported by Honduran newspaper La Tribuna. This will be the first geothermal power plant to operate in Honduras. It is expected to start operating this year. The […]

Honduras: Vestas to build 59 MW wind

December 28, 2016

Honduras is getting 59 MW of wind in 2017. Vestas is entering the Honduras market – its second new market in 2016 – with firm and unconditional orders of 59 MW of V117-3.45 MW. Turbine delivery is planned for the first quarter of 2017, while commissioning is expected for the fourth quarter of 2017. Both orders […]

Commerce Dept to sponsor Central America trade mission

July 3, 2016

The U.S. Department of Commerce’s International Trade Administration will host a mission to Central America in March of 2017. Open to all U.S. companies, the conference is an opportunity for interested parties to receive consultation from economic and commercial officers from the U.S. Embassies of Costa Rica, El Salvador, Honduras, Guatemala, Belize, Nicaragua and Panama. […]

Honduras switches on 43-MW biomass plant

June 15, 2016

This week the Honduran Green Power Corporation inaugurated a 43 MW biomass plant. Located in the Sula Valley, the project will move Honduras one step closer to reaching its target of 80% renewables. The plant, which cost USD 130 to construct, will process grass, pinewood, palm tree and sugar cane bagasse.

IDB issues loan for renewables in Honduras

December 26, 2015

The  Inter-American Development Bank (IDB) has issues a US$40 million loan to the Honduran government for investment into further development and integration of renewables into the country’s energy mix, particularly solar PV. The Honduran power sector initiated a reform in 2014 with the aim of strengthening the institutional capacity and sectoral regulatory framework, and improving […]