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Onyx Service and Solutions to construct an $84 million, 18.5-megawatt solar power project for Roatán, Honduras

Monday, October 3, 2011

Onyx Service & Solutions is to construct an $84 million solar power project for Roatán, Honduras.

The project, approved last week, will assist Honduras in becoming more self-reliant for electrical power as opposed to using diesel for generation, which comes at a very high cost. Once under contract, the project will proceed through the normal regulatory process before breaking ground.

The project capacity is currently 18.5 megawatts and is expected to take over 65,000 280-watt solar panels. Onyx is also currently in talks to increase the size of the solar power capacity up to 58 total megawatts, once the original 18.5 megawatt facility comes online.

Original source: Financial Post (press release)