62 companies bid in renewables auction in El Salvador

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62 companies bid in renewables auction in El Salvador

El Salvador power utility, DELSUR, has announced that 62 companies are interested in taking part in the tender process to procure 170 megawatts (MW) from renewable energy sources. These companies come from countries such as the United States, Spain, Germany, France, Guatemala, Honduras, and Panama, among others.  

The tender is for 170 MW of power generated exclusively from non-conventional renewable resources (solar and wind) and includes a contract for a period of 20 years starting from 2019. The deadline for receipt of bids is 20 October 2016.

The tender process is being managed by DELSUR on behalf of other distribution companies in the country, and is being developed in close collaboration with the Ministry of Foreign Affairs, the National Energy Council (CNE), the promotion organization Export Agency and Investments of El Salvador (PROESA), the General Superintendency of Electricity and Telecommunications (SIGET), the Ministry of Finance, the Ministry of Environment and the Technical Secretariat of the Presidency, who together have organized many promotional activities aimed at disseminating the process of potential competition between the companies concerned and disclose the conditions on which the process will be developed. 

These types of initiatives comply with the National Energy Policy, which includes: diversifying the energy matrix of El Salvador, as well as opening new windows for investment in El Salvador. It is anticipated that this new tender process will generate an estimated investment of US$340 million to be developed in the next two years. 

Previously in 2014, DELSUR and state authorities launched a similar tender process to procure 60 MW  form solar energy and 40 MW from wind energy. Due to wind power companies bid higher than expected, a total of 4 solar plants totaling 94 MW were awarded under that renewable energy auction.

List of country news

Country news

  • June 20, 2016

    El Salvador seeks developer for 170 MW renewable capacity

    El Salvador Distribuidora de Electricidad DelSur, S.A., has finally invited to potential investors to participate in the bidding process for the supply of 170 MW of power to be installed of solar and wind technology under a 20-year contract agreement. Read more
  • June 10, 2016

    Proparco signs financing for solar plant in El Salvador

    Proparco, and ICC (Inter-American Investment Corporation), have signed an agreement for the construction and operation of a photovoltaic power plant in El Salvador. Read more
  • February 11, 2016

    El Salvador to tender 150 MW renewables capacity

    El Salvador's energy company Delsur has announced it will start an auction process on May 5, 2016 for wind and photovoltaic (PV) energy projects with a total capacity of 150 MW. Read more

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