Upower completes two PV projects totaling 100 MW in Honduras
Post date: 07/05/2015 - 01:00
US-based independent power producer Upower Inc. has completed two 50 MW PV power plants in Honduras, according to local newspaper El Heraldo. The projects will be granted a special tariff of approximately $0.17 per kWh. Upower secured 20-year PPAs with Honduras’s national energy company, Empresa Nacional de Energía Eléctrica (ENEE), for the two projects in February 2014. The two power plants were built on 420-acres of leased land in Nacaome, southern Honduras. Upower selected US-based wind and solar EPC services provider Wind Turbine and Energy Cables Corp. to build the power plants.
In late October 2013, the president of Honduras’s renewable energy association AHPPER, Carolina Castilla, said that the country could add 300 MW of PV capacity over the next 2 years. Castilla said that several 50 MW PV projects would be developed in the country over the next 2 years to reach a capacity cap of 300 MW. The projects were built in the frame of the renewable energy law, which was reformed in 2013 in order to include support for solar.