More Investment in Wind Power Promised

Mesoamerica Energy's director, Jay Gallegos told the press, "We have built about 80 percent this project, it is the largest in Central America and we want to invest in an additional 25 megawatts, which is an increase of one quarter."

He added that the investment has reached $285 million and the company intends to recover it over the next twenty years, which is the term of the concession.

An article in Laribuna.hn quotes the executive as saying: "The best part is that the fuel to operate the energy generation is free, as it is in the substation built to interconnect with the system of ENEE, which will belong to the Honduran state."

Source: latribuna.hn

More on this topic

Testing Begun on Cerro de Hula Wind Project

September 2011

Honduras has started testing at the Cerro de Hula wind project, valued at $270 million, which will generate 102 megawatts per year.

The works at the wind farm, the largest ever built in Central America began in late January, and have advanced faster than expected, according to a spokesperson from the presidential palace in Tegucigalpa.

Wind Project Starts Operations in Cerro Hula

January 2012

Since December 22nd, 51 turbines of 2.0 MW each have provided the National Electric Power Company in Honduras, with more than 100 MW.

The wind farm, the largest in the region, is located 24 kilometers south of the capital, Tegucigalpa. The contract with the Honduran state energy company is for a 20 year term.

Honduras: Wind Farm Ready in August

April 2011

The turbines of the Cerro de Hula wind power project will soon be tested for the first time.

The project is the fourth largest in Honduras and is expected to supply 6% of the country's energy needs by the end of the year. It is scheduled to begin in the coming months.

The first tests will be carried out in August and depending on the results, the wind farm could be operational at full capacity by December.

Wind Farm in Cerro de Hula Moves Forward

November 2010

Globeleq announced the wind power plant in Honduras reached financial agreements and will begin construction.

The majority-owned subsidiary of Globeleq, Mesoamerica SA Renewable Energy (Known as Mesoamerica Energy), leader in development of wind projects in Central America, has been developing the 102 MW wind power project through its own local entity Wind Energy Honduras SA (EEHSA).