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Valle solar photovoltaic project, Honduras

24th October 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Valle solar photovoltaic (PV) project, Honduras.

Client
Compañía Hondureña de Energía Solar, SA de CV (Cohessa).

Project Description
The project comprises the development, construction and operation of a 70 MWp solar PV power plant, located in Nacaome, Honduras. The power plant is expected to produce an average of about 122 GWh/h.

The project will be located over 212 ha of modified habitat and agricultural pasture land. It will be connected through a substation to the national grid, which crosses the project from east to west, near the main entrance of the property.

Value
Total project cost is estimated at up to $120-million.

Duration
The project is expected to become operational by the second half of 2015.

Latest Developments
The International Finance Corporation’s (IFC) is considering a proposed investment of $30-million. The IFC is also expected to mobilise additional funds from other financial institutions to complete the financing.

Key Contracts and Suppliers
IFC (loan finance).

On Budget and on Time?
Not stated.

Contact Details for Project Information
Cohessa, tel +504 9977 3488.

Edited by Martin Zhuwakinyu
Creamer Media Magazine Managing Editor

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