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El Salvador aims for solar and wind in energy mix

Friday, June 15, 2012

Comision Ejecutiva Hidroelectrica del Rio Lempa, El Salvador’s state-owned utility, is planning the nation’s first utility-scale solar and wind projects to diversify its energy mix.

CEL, as the company is known, will auction development rights for a 14.2 megawatt solar farm in 2013 and for a 42 megawatt wind farm the following year.

The wind project, in the northern city of Metapan, will cost about $110 million and is expected to start producing power in 2015, the company said.

Source: Bloomberg