Region: Sun power
Norway’s Scatec Solar last October announced the start of consruction of a 50 megwatt plant in Honduras´ Nacaoma Department.
With operations on five continents, Scatec last year reported earnings before interest, tax and deprecation of the equivalent of $80 million, double that of 2014.
A 150 megwatt solar plant meanwhile started operations in the region of Honduras in May 2015.
Developed by Inversiones y Representaciones Electromecánicas, S.A., founded in 2012 in San Pedro Sula, Honduras and headed by Napoleón Larach, the $230 millon dollar proyect was largely financed by the World Bank’s International Finance Group, as well as Finnfund.
The plant covers 1 million square meters of land with nearly 500,000 polycrystalline modules, made by Canadian Solar.
In Mexico, The Aura Solar Project in Baja California Sur went into operation in 2014.