The CEL (Comisión Ejecutiva Hidroeléctrica del Río Lempa) has said that investments in geothermal, photovoltaic, wind and hydro over the next five years will mean the share of renewables in El Salvador’s energy mix will rise to 65-70 per cent.
There are a total of seven projects – three geothermal, two hydro, one wind and one solar – at various stages of development, which are expected to add 300 MW in capacity.
They represent a total investment of over $900m, reports by Energias Renovables.
According to Leopoldo Samour, CEL’s president, the geothermal projects, with a total capacity of 95.5 MW, will increase the contribution of geothermal power to the energy mix from 24 per cent to 30 per cent.
While, the solar PV project, called 15 de Septiembre, is expected to be the biggest in Central America with an installed capacity of more than 14 MW. It will supply power to 20,000 homes and be operational the middle of next year.
It will cost $50m, and is being jointly funded by the Central American Bank for Economic Integration (BCIE), and the Banco de Desarrollo (Bandesal).
The $109m wind farm will have a capacity of 42 MW and is expected to be on line in 2017.