Norway-based solar power plant operator Scatec Solar’s Los Prados solar power plant in Honduras has commenced commercial operations and is now connected to the grid.
The 35MW solar plant has been designed to generate around 73,000kWh of electricity per annum, which will be sufficient to power more than 16,300 households in the region.
The Los Prados solar power plant is owned 70% by Scatec Solar and 30% by KLP Norfund Invest.
Scatec Solar Raymond Carlsen CEO said: “We are very pleased to have completed the Los Prados solar plant in close cooperation with our partners and the Honduran authorities.
“With this milestone our asset portfolio in Honduras reaches 95MW, confirming our track record in the Latin American solar market.”
Additionally, the solar power plant is expected to reduce carbon emissions by nearly 40,000t per annum.
The project has a 20-year power purchase agreement (PPA) with state-owned utility Empresa Nacional de Energía Eléctrica (ENEE).
Norfund Clean Energy executive vice-president Mark Davis said: “Increased access to renewable energy is crucial for economic development, poverty reduction and addressing climate change.
“Investing in clean energy is a priority for Norfund and we are pleased to expand our partnership with Scatec Solar with this second solar power plant in Honduras.”
Scatec Solar is an integrated independent solar power producer, which develops, builds, owns, operates and maintains solar power plants.
Presently, the company has 322MW of solar power plants in operation in the Czech Republic, South Africa, Rwanda, Honduras and Jordan.