El Salvador has managed to sustain its energy capacity, meeting the demand of its citizens while also keeping the cost of this service stable, despite the energy crisis gripping Central America due to the El Niño phenomenon and the resulting rainfall scarcity. Seguir leyendo El Salvador Maintains Energy Supply Despite Central America Crisis Caused by El Niño.
El Salvador has emerged as the sole energy exporter in Central America, with the country’s energy sector experiencing robust growth. According to data from the Unit of Transactions (UT), El Salvador exported approximately 381.9 megawatts of energy between January and June of this year. The government assures that the country has an efficient and adequate supply to meet its domestic needs. Seguir leyendo El Salvador’s Energy Exports Reach $33.5 Million by May.
El Salvador’s energy exports have soared by an impressive 391.8% from January to May 2023, reaching a total value of $33.5 million, according to a recent Foreign Trade report published by the Central Reserve Bank (BCR). This surge in exports reflects the country’s ability to leverage its surplus energy while satisfying the domestic demand in the first place. Seguir leyendo El Salvador’s Energy Exports Experience a Remarkable 391.8% Growth Through May.
The small Central American nation of El Salvador stands out as a beacon of stability in electricity generation amidst a regional energy crisis. As neighboring countries grapple with power shortages and soaring prices, El Salvador remains committed to maintaining a steady supply of electricity for its population while even exporting to other Central American nations. Seguir leyendo El Salvador Ensures Stability in Electricity Generation as Other Central American Countries Struggle.
A delegation from the Inter-American Development Bank (BID) recently visited El Salvador to learn about the benefits that the population will gain from access to electricity. Seguir leyendo BID Collaborates with El Salvador to Electrify Every Household.
Forbes, the renowned specialized magazine, recognizes the momentum of the green economy in El Salvador, emphasizing the government’s significant initiatives in the field, particularly in renewable energy. Seguir leyendo Forbes Highlights the Green Economy Boost in El Salvador.
A group of Bitcoin entrepreneurs announced the establishment of Volcano Energy, a private Bitcoin mining project fueled by a renewable energy generation park. The park, located in the El Shiste hamlet in the municipality of Metapán, Santa Ana, will have a total capacity of 241 megawatts (MW), comprising a combination of solar and wind energy. The project’s total investment commitment amounts to $1 billion, with an initial capital injection of $250 million. Seguir leyendo El Salvador Sets the Stage for a $1 Billion Bitcoin Mining Project with Volcano Energy.
The utilization of renewable energy in businesses continues to rise, and AES El Salvador, through its Solutions Division, has designed and constructed a new 4.10 megawatt (MW) solar plant for Green Planet Energy, further promoting the use of renewable energy. Seguir leyendo Green Planet Energy and AES El Salvador Partner to Establish Solar Power in Soyapango.
A group of physics students from the University of El Salvador (UES) has been selected by a Mexican editorial to be featured in a book titled “Latin America Facing the Challenge of Renewable Energies,” becoming the only representatives from the rest of Latin America in the publication authored by Mexican experts. Seguir leyendo Mexican Editorial Features Salvadoran Physicists in Book on Renewable Energies.
El Salvador has emerged as a prime destination for energy investments, attracting the attention of several US and European companies interested in investing in the national electricity sector. The arrival of five or six companies keen on making investments would enhance the capacity to supply Salvadoran households, according to Edwin Núñez, the president of Etesal. Seguir leyendo Energy Companies from the US and Europe Explore Investment Opportunities in El Salvador.
