El Salvador’s State-Owned Companies Boost Energy Generation.

El Salvador’s state-owned energy companies have reported significant growth in energy production. The Directorate General of Energy, Hydrocarbons, and Mines recently announced that in August, the nation witnessed a substantial production of 256.51 gigawatt-hours (GWh). This remarkable surge in energy output was driven primarily by geothermal energy, closely followed by hydroelectric power. Seguir leyendo El Salvador’s State-Owned Companies Boost Energy Generation.

Mitsubishi Corporation Explores Investment Opportunities in El Salvador.

Mitsubishi Corporation (MC) has expressed a keen interest in various strategic projects in El Salvador, including logistics, ports, railways, and innovation. This multinational giant’s engagement in the country is a testament to El Salvador’s ambitious development vision led by President Nayib Bukele, which is attracting major global companies looking to participate in key government initiatives crucial for the nation’s economic future. Seguir leyendo Mitsubishi Corporation Explores Investment Opportunities in El Salvador.

El Salvador’s energy exports grew by 197.6% until July of this year.

El Salvador has witnessed a remarkable surge in its energy exports, with a staggering growth rate of 197.6% recorded through July of this year. According to data from the Directorate General of Energy, Hydrocarbons, and Mines (DGEHM), the country exported approximately 404.1 gigawatt-hours (GWh) of energy, amounting to a total of $52.4 million in revenue during the first seven months of the year. Seguir leyendo El Salvador’s energy exports grew by 197.6% until July of this year.

Stable Power Supply Highlighted by Industrialists in El Salvador.

“With the inclusion of renewable energies and private sector investors, we have achieved energy stability and security despite the ongoing context of reduced rainfall. Unlike neighboring Central American countries like Guatemala and Honduras, we have managed to avoid serious difficulties and rationing”, Eduardo Cader, ASI. Seguir leyendo Stable Power Supply Highlighted by Industrialists in El Salvador.

AES Invests $5.5 Million in Solar Power Plant in Meanguera del Golfo.

In a groundbreaking move towards sustainable energy solutions, AES El Salvador unveiled its latest venture, the AES Meanguera del Golfo solar plant, equipped with cutting-edge battery storage technology. The $5.5 million project, located in the municipality of La Unión, features 1,929 solar panels and 208 state-of-the-art batteries, generating 1.3 megawatts peak (MWp) of renewable energy with a storage capacity of 4 megawatt-hours (MWh). Seguir leyendo AES Invests $5.5 Million in Solar Power Plant in Meanguera del Golfo.

El Salvador Continues to Foster Renewable Energy Growth in the Country

The government remains steadfast in its commitment to increasing renewable energy generation in the country. Recently, the Directorate General of Energy, Hydrocarbons, and Mines (DGEHM) announced one of its key objectives: to develop the Indicative Plan for the Expansion of Electric Generation. This plan aims to evaluate the performance of the electricity generation market and identify opportunities for growth. Seguir leyendo El Salvador Continues to Foster Renewable Energy Growth in the Country

Chevron’s $30 Million Investment in El Salvador Highlighted by U.S. Embassy.

The U.S. Embassy in El Salvador has emphasized Chevron’s expansion efforts in the country as the American oil giant announces a $30 million investment in the region. The investment aims to bolster Chevron’s operations in El Salvador, with the construction of two tanks—one for gasoline and the other for diesel—that will increase the company’s storage capacity by 260,000 barrels, equivalent to 5.5 million gallons. Seguir leyendo Chevron’s $30 Million Investment in El Salvador Highlighted by U.S. Embassy.