In the auction, El Salvador’s energy regulator CNE will select large-scale solar and biogas power projects. Meanwhile, PV is bringing down power tariffs in the country.
AES El Salvador and Corporación Multi Inversiones (CMI) plan to build 100 MW of PV capacity in three phases at 10 sites in El Salvador.
The price of electricity for the upcoming quarter will be reduced by 3.09% thanks to more production from hydro and the connection to the grid of 60 MW of solar.
The project consists of a 76 MW unit selected in an energy auction, and a 25 MW section selling power to a local power distributor.
Four PV projects totaling 119.9 MW were awarded in the second auction for renewable energy projects held in the Central American nation in January.
The Trinidad and Márquez project powered by Real Infrastructure will be completed within eight months.
Four PV projects were awarded in the second auction for renewable energy projects in the Central American nation.
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