The Los Prados project holds a 20-year power purchase agreement (PPA) with the state-owned utility Empresa Nacional de Energía Eléctrica (ENEE). The plant is expected to provide about 73,000 kWh of electricity per year, providing energy for more than 16,300 households. The clean energy produced by the Los Prados plant will contribute to a CO2 reduction of almost 40,000 tons per annum.
“We are very pleased to have completed the Los Prados solar plant in close cooperation with our partners and the Honduran authorities” said Raymond Carlsen, CEO of Scatec Solar. “With this milestone our asset portfolio in Honduras reaches 95 MW, confirming our track record in the Latin American solar market”.
Mark Davis, EVP Clean Energy in Norfun, added that increased access to renewable energy is crucial for economic development, poverty reduction and addressing climate change and that investing in clean energy is a priority for Norfund.
The solar power plant is owned 70 percent by Scatec Solar and 30 percent by KLP Norfund Invest.
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