El Salvador: $30 Million for Solar Energy at Hotels

The $30 million initiative intends to foster energy generation through solar panels in Salvadoran Hotels.

Wednesday, October 28, 2009

The funds will be provided by the Multisector Investment Bank (BMI), and KfW, Germany's government-owned development bank.

Samuel Salazar, director of Fiagro, a Salvadoran foundation for agricultural technology innovation, told newspaper Laprensagrafica.com: "...the project wants companies to protect the environment and save money by using solar power for lighting or water heating".

More on this topic

Study Will Measure Solar Energy Potential in El Salvador

June 2010

Spanish corporation Solar Millennium will conduct a study to assess the potential and possibilities for solar energy generation in the country.

CEL, the nation’s energy company, signed an agreement with Solar Millennium to share knowledge and technology for generating solar energy.

Solar Energy in El Salvador

August 2010

The photovoltaic electricity generation project developed by CEL confirms the great potential for solar energy production in the country.

The project being developed by El Salvador's Lempa River Hydroelectric Executive Commission (known as CEL in Spanish) will evaluate different kinds of photovoltaic energy for future investments in the country.

El Salvador Tenders Solar Energy Projects

January 2011

Bidding for the installation of solar panels at the Cerron Grande and 15 de Setiembre dams will take place in February.

Luis Garcia, manager of the renewable energy department of the Executive Hydroelectric Commission of Río Lempa (CEL), said that with the installation of the panels on the two hydroelectric power plants approximately 0.5 MW will be generated.

Solar Energy in Nicaragua

April 2012

With an investment of $12 million financed by Japan, a plant is being built in LaTrinidad, Diriamba, which will have 534 solar panels that produce 900 Kw.

"A part of the energy will go to the community of La Trinidad, which does not have this service, and another part will be sold. The project is being coordinated by a delegation from Japan, the Ministry of Energy and Mines and the city of Diriamba," reported Laprensa.com.ni.

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