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El Salvador to pour $500 million into solar, wind and photovoltaic energy

Tuesday, June 21, 2011

El Salvador's Comision Ejecutiva Hidroelectrica del Rio Lempa (CEL) is to invest roughly $500 million to develop the country's renewable power industry.

The state-owned company’s plans various projects to expand solar, wind and photovoltaic energy resources.

The company's first undertaking will be a 42 megawatt wind farm in Metapan in western El Salvador which will cost $80 million.

Original source: Renewable Energy World