Neoen plugs in 140-MW solar park in El Salvador

• France's Neoen SA (EPA: NEOEN) on Wednesday began business procedure of the 140-MW Capella Solar photovoltaic (PV) park in El Salvador, fulfilling the legal due date established for April 1, the firm's regional system revealed on Twitter.

The expansive center, situated in the division of Usulutan, is comprised of 2 solar plants-- Albireo I and also II. Albireo Power Reserve, a lithium-ion battery with 3.3 MW/2.2 MWh of ability that was likewise part of the part of the Capella Solar project, was appointed in late February 2020.

The Albireo solar parks will certainly run under 20-year power acquisition arrangements (PPAs) with regional power circulation companies Delsur, B&D, edesal as well as aes. Electrical energy will certainly be cost a cost of USD 49.55 (EUR 45.36) per MWh.

The French independent power manufacturer (IPP) has actually existed in El Salvador given that 2014. That year, Neoen was granted an agreement to develop as well as run the 76-MW Providencia Solar project in the division of La Paz. A PV plant of 25 MW was worked out with Delsur and also later on included in Providencia Solar.

Providencia Solar began infusing power to the nationwide grid in April 2017.

Neoen El Salvador stated back in February that, when Capella Solar goes real-time, the firm will certainly get to 7% market share in the nation's wholesale electrical power market.