Scatec Solar has announced that its 35 MW Los Prados solar power plant in Honduras, co-owned with Norfund, is now grid connected and has reached commercial operation (COD). The plant is located in the Southern Choluteca region of the country.
The Los Prados project holds a 20-year power purchase agreement (PPA) with the state-owned utility Empresa Nacional de Energía Eléctrica (ENEE).
The plant is expected to provide about 73,000 MWh of electricity per year, providing energy for more than 16,300 households. The clean energy produced by the Los Prados plant will contribute to a CO2 reduction of almost 40,000 tons per annum.
The solar power plant is owned 70% by Scatec Solar and 30% by KLP Norfund Invest. The developers acquired the project in October 2015.
Country updates
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May 07, 2018
The Overseas Private Investment Corporation (OPIC) has agreed to provide a US$124.7 million loan for the project
The Overseas Private Investment Corporation (OPIC) has agreed to provide a US$124.7 million loan for the project. The non-recourse project finance facility will be disbursed in up to three portions an...
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May 01, 2018
The Honduran government has officially inaugurated the geothermal power plant
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November 17, 2017
The government of Honduras is to approve the procurement of the project
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September 21, 2016
OPIC finances for Platanares geothermal plant in Honduras
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, has approved support for new development projects totaling just over US$1 billion.
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June 15, 2016
Honduras has inaugurated a 43-MW biomass plant located in the Sula Valley
