The company Ecoener has announced plans to expand its presence in the renewable energy sector in Guatemala through the construction of two new photovoltaic plants with a total capacity of 149 MW.
The new Guatemalan photovoltaic plants
The projects, called “Yolanda” and “El Carrizo”, will be located in the department of Escuintla, on the southern coast of the country and have an installed capacity of 74 MW and 75 MW, respectively. These facilities will position the company as a leader in the production of photovoltaic energy in the Central American region.
To finance part of this development, Ecoener has secured a green loan of 64 million dollars . This financing comes from a collaboration between the BAC Financial Group and the Dutch public development bank FMO. The loan will specifically support the Yolanda photovoltaic plant, which also has a 10-year power purchase agreement (PPA). This plant will generate an estimated production of 165 gigawatt-hours (GWh) per year, which is equivalent to the annual energy consumption of approximately 41,000 families and will contribute to avoiding the emission of more than 80,000 tons of CO₂ per year.
About Ecoener
In the current context, the company manages an asset portfolio of 740 MW, of which 341 MW are already in generation and 399 MW under construction. With these projects, Ecoener advances towards its goal of reaching 1,000 MW in operation and construction by 2025.
It is important to mention that this investment in solar energy reinforces Guatemala’s energy infrastructure and underscores a broader commitment to sustainable practices in the region. Additionally, the implementation of these projects could serve as a catalyst for future investments in clean technologies, creating local jobs and fostering economic development in rural areas, while reducing dependence on fossil fuels.
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Source: energias-renovables.com
Photo: shutterstock
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