El Salvador awards 170 MW of solar, wind projects

El Salvador awards 170 MW of solar, wind projects Author: Carl Milner. License: Creative Commons, Attribution 2.0 Generic.

El Salvador awarded on Wednesday 169.9 MW of solar and wind power supply contracts with a 20-year term, announced the National Energy Council (CNE).

The prices for solar power ranged from USD 49.55 (EUR 46.53) per MWh to USD 67.24 per MWh, a lot less than the ceiling price of USD 113.24/MWh. Wind power was sold at USD 98.78/MWh compared to a ceiling price of USD 105.30/MWh.

Solar power was the biggest seller with 119.9 MW in four projects. One wind project with a capacity of 50 MW won a contract as well.

More details are available in the table below.

Winner (type) Capacity Average price per MWh
Tracia Network Corporation (wind) 50 MW USD 98.78
Capella Solar (solar) 50 MW USD 49.55
Capella Solar (solar) 50 MW USD 49.56
Sonsonate Energia (solar) 10 MW USD 67.24
Asocio Ecosolar (solar) 9.9 MW USD 54.98

Once completed, the plants will be able to meet the annual demand of 288,830 local households.

The results will now be sent to the Bid Evaluation Committee of the Superintendence of Electricity and Telecommunications (SIGET) for review and approval. The contracts between the government and the companies should be signed no later than March 27, 2017, CNE noted.

(USD 1 = EUR 0.937)

Choose your newsletter by Renewables Now. Join for free!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription