Honduras to invest over $1.6bn in solar projects

Honduras’ National Electric Energy Company (ENEE) approved 23 solar photo voltaic (PV) projects over the past summer, with a total installed capacity of 609.2 MW.

Honduras to invest $1.6 billion dollars in Solar Power

Honduras to invest $1.6 billion dollars in Solar Power

Between $2.7m and $3m will be required for every MW installed. In other words, Honduras’ PV plans will need between $1.6bn and $1.8bn.

The solar farms are expected to be finished within 18 months, with the first expected to be operational in the first six months of 2015.

The cost per kWh will vary between $0.15 and $0.16.

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