AES to build electricity storage facility in El Salvador. First phase requires investment of $24 million
Thursday, December 8, 2011
US-based power company AES, which provides 80 percent of the electricity distribution in El Salvador, is looking for new business opportunities there.
AES is aiming to set up an electricity storage facility based on lithium batteries.
The service will be provided to generators that can use all of their capacity without having to safeguard reserves. Investment is likely to cost some $24 million for the first phase of the project.
Original source (in Spanish): La Prensa Gráfica