Ventus SA de CV to construct the 54 MW wind project in Metapan
El Salvador prepared the way for the construction of its first wind project. The government signed a contract with Ventus SA de CV, in charge of constructing the 54 MW wind park located in Metapan, of Santa Ana. Ventus SA de CV is a unit of Tracia Network Corporation, a power generation operator based in Guatemala.
The wind project was awarded to Tracia Network in renewable energy auction in 2017. The project will have an investment of USD 73.23 million for ten years.
In addition, the wind project will create 20 permanent jobs in the operations and maintenance phase and 300 jobs during the construction phase. The project can provide clean electricity to approximately 80,000 local homes.
The beginning of the construction phase is not yet determined.
Country updates
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November 27, 2018
Neoen seals financing for 140 MW solar PV project in El Salvador
Neoen is announcing that it has sealed financing for Capella, a 140 MWp solar photovoltaic project in El Salvador. The facility is wholly-owned by Neoen and is due to be commissioned in early 2020. F...
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August 01, 2018
IFC to fund Acajutla LNG project in El Salvador
The International Finance Corporation is planning to provide investment support for the Acajutla LNG project that is located in the port of Acajutla, Department of Sonsonate, in El...
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May 24, 2018
A 10 MW solar plant that is part of the project has been completed
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April 12, 2018
Yingli Green Energy Holding through its subsidiary Yingli Green Energy Europe has struck a deal with Inypsa for the supply of solar panels for the project
Yingli Green Energy Holding through its subsidiary Yingli Green Energy Europe has struck a deal with Inypsa for the supply of solar panels for the project. The contract is valued at US$2.2 million
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January 26, 2018
Finnfund has provided $15 million loan funding for the construction of solar power plants
