Tuesday, April 16, 2024

Logo Central America Link

Central America solar capacity set to boom

Friday, September 12, 2014

Central America's total solar energy capacity currently stands at 6 Megawatts in 2013, and is expected to reach 22 Megawatts by the end of 2014.

Market research company IHS Technology believes that the region will then see their installed capacity explode, reaching up to 243 Megwatts in 2015 before continuing to grow to over 500 by the end of 2018.

“About 70 percent of the electricity generated in Central America already comes from renewable sources, mainly hydro,” said Josefin Berg, senior analyst for solar demand at IHS.

Source: Clean Technica