The Bolivian Ministry of of Hydrocarbons and Energy announced on Thursday it will build 65 MW of new solar projects in the departments of Potosi and Tarija.
Bolivia's Guaracachi National Electricity Company, or Ende Guaracachi, has signed a deal with the Spanish-Bolivian consortium Emias-Elecnor.
The two will build the 60-MW Uyuni and the 5-MW Yunchara solar plants with an overall investment of USD 70.5 million (EUR 64.7m), the government pointed out in the press release.
Both projects will be up and running next year, with the Uyuni project having a 365-day deadline and the Yunchara scheme with a 180-day deadline.
Back in October, Bolivia's Minister of Hydrocarbons and Energy, Luis Alberto Sanchez, said that the country should reach 545 MW of renewable power generation in the next fours years.
(USD 1 = EUR 0.918)
Choose your newsletter by Renewables Now. Join for free!
You have run out of free articles this month. Get more for free
Weekly renewables M&A round-up (Jan 23-27)
Iberdrola awarded 12 MW of agri-PV projects in French tender
Study finds 70 GW of ocean energy potential in GB, Ireland, Portugal
DTEK, developers discuss resuming renewables construction in Ukraine
Mondelez signs VPPA with Goldenpeaks for Polish operations
MET Group cuts ribbon on 96-MWp solar duo in Hungary
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.