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). Once the project is operational, it is expected to generate 6% of the country's energy.
Mikael Karlsson, Globeleq Executive Director, emphasized the importance of having achieved these agreements, "Cerro de Hula is the first wind farm in Honduras and the largest wind farm in the Central American region. Cerro de Hula is a key step in Mesoamerica Globeleq and Power (regional partner) in our strategy to be leaders in developing renewable energy in Central America."
EEHSA is processing paperwork to register the project as a Clean Development Mechanism (CDM) under Kyoto Protocol. Karlsson added: "The project reflects the commitment Globeleq has to sustainable development and to less greenhouse gas emissions, contributing to economic growth, social progress and ensuring that the project's environmental objectives are met in full."
The wind plant will consist of 51 Gamesa G87 wind turbines of 2 MW each and will supply the National Electric Power Company under an agreement to buy 100 MW for 20 years. The plant will be built by Gamesa Wind US LLC e Iberdrola Ingeniería y Construcción México. Commercial operation is anticipated for early 2012. Financing for the project will be provided by the Export-Import Bank of the United States and the Central American Bank for Economic Integration.
Located 17 km south of Tegucigalpa, Honduras, in the municipalities of Santa Ana and San Buenaventura, the project covers approximately 6,500 hectares. Jay Gallegos, Executive Director of Mesoamerica Energy, said: "We are very excited about this project. It marks the culmination of many years of planning and hard work.”
Source: Globeleq Generation Limited
More on this topic
November 2010
The BCIE and the EX-IM Bank signed a loan in favor of Energía Eólica de Honduras.
The resources will be invested in the Cerro de Hula Wind Project, which will generate 102 MW and is located in the Department of Francisco Morazan, Honduras.
The project developer will be EEHSA, a subsidiary of Mesoamerica, SA (ERM).
August 2010
The US Ex-Im Bank has approved a $159 million loan to the Honduran wind power company, Energía Eólica de Honduras S.A., to purchase 51 2MW turbines.
The 51 Gamesa G-87 wind energy turbines are for the Cerro de Hula project that seeks to provide 102MW of renewable clean energy.
August 2010
A consortium formed by Gamesa and Iberdrola has been awarded the Cerro de Hula wind farm construction project.
Gamesa makes up 76% of the consortium and Iberdrola Engineering and Construction the remaining 24%. The project is for Mesoamérica Energy, a renewable energy company, via its local Honduran subsidiary, Energía Eólica.
December 2010
With a $ 250 million investment the wind farm equipped with 51 auto generators will produce 100MW.
The Project is a consortium made up by Gamesa and Iberdrola Engineering and Construction.
"The sustainability of this project comes from the energy purchase contract (PPA), which is for a period of twenty years with the National Electricity Company (ENEE)." Reports Elheraldo.hn.
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