Power in Central America
Submitted
by:
Aravind
K.A. (A6429713001)
Solar
Reserve, a leading global developer of utility-scale solar power projects and
advanced thermal energy storage technology, today announced that it signed a
supply contract for its 20 megawatt (MW) Acajutla photovoltaic (PV) solar power
project in El Salvador as part of a
highly competitive tender solicitation by the local electric distribution
companies. The tender, the country’s first for utility-scale solar power, was
administered by Distribuidora de Electricidad del
Sur(“DELSUR”), one of the seven electricity distribution companies
in El Salvador, and was overseen by El Salvador’s Electricity and Telecommunications
regulatory body Superintendencia General de Electricidad y Telecomunicaciones
(“SIGET”).
The
Acajutla project is the first of several in SolarReserve’s pipeline of 800 MW
of solar power projects in development in Latin
America, which includes advanced solar thermal technology ,
photovoltaic (PV) technology, and hybrid (combined and PV) solutions that can
provide competitive 24-hour solar energy.
“Many
Latin American countries, including El Salvador,
have experience with such as
geothermal or hydroelectric. As demand for electricity continues to grow, Latin America represents a great opportunity for
solar power development,” said Kevin Smith,
Solar Reserve’s CEO.
With
the region’s excellent solar resource and escalating and uncertain prices of
fossil fuels, solar power makes more than just environmental sense – it makes
economic sense. We look forward to continuing our work on Acajutla and on our
other photovoltaic and solar thermal projects in development in Latin America.
No comments:
Post a Comment