Guatemala Green Solar Project
The original owners of the Green Solar project approached BMR seeking financial investment. As part of its evaluation process, BMR determined
As of 2020, Guatemala had 4110 MW of installed electrical capacity, based primarily on hydro power (38.38%), fossil fuels (30.36%), and biomass (25.20%). Other renewable sources represented a much smaller percentage of capacity, including wind (2.61%), solar (2.25%) and geothermal energy (1.20%).
Guatemala is the second largest Central American power market, with a goal to increase renewable energy use. Relatively high levels of solar irradiance and large areas of cleared land give the country a strong potential for increased solar energy development.
And we provide more information about the voltage and frequency. In Guatemala the power plug sockets are of type A and B. The standard voltage is 120 V and the frequency is 60 Hz. Power plug adapter needed in Guatemala?
As part of its evaluation process, BMR determined that the solar farm offered a strong return that was supported by Guatemala's well-established and stable regulatory system. BMR navigated a complex and cooperative sales process that involved four owners across three legal jurisdictions.
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