Jun 27, 2014 - Honduras' state-owned power utility Enee has approved over 40 renewable energy projects totaling nearly 560 MW, CEO Emil Hawit said after a meeting of the board on Thursday.
The projects include 450 MW of hydropower, 70 MW of biomass and 40 MW of geothermal energy, which the country needs at present, according to Hawit.
The company decided to directly contract the energy despite the opinion of experts that the state should organise a tender. The decision came only days before a new law for the power sector comes into force, along with obligatory tenders for all contracts.
Simultaneously, the company decided to cancel power purchase agreements for some 450 MW due to delays.
Diana Hristova is our expert for Latin America. She has spent several years following the diverse industries in the region, the energy sector most of all. Now Diana is exploring Latin America’s huge wind, solar, geothermal and hydropower potential.