Ecoener Constructs 74MW & 75MW Solar Plants in Guatemala

Spanish renewable energy firm Ecoener is cementing its position as Guatemala’s leading photovoltaic energy producer with the development of two large-scale solar farms. The Yolanda plant, with a capacity of 74 MW, and the El Carrizo plant at 75 MW, are both located in the southern coastal department of Escuintla and will add a combined 149 MW of clean energy capacity to the nation’s grid.

The development of the Yolanda facility is backed by a significant US$64 million green loan secured from BAC Financial Group and the Dutch public development bank, FMO. Its counterpart, the 74.7 MWp El Carrizo plant, entered commercial operation in 2024. Spanning 112 hectares and utilizing over 137,000 modules, El Carrizo is contracted under a 10-year Power Purchase Agreement (PPA) and is set to generate 157 GWh annually. The Yolanda project is also backed by a 10-year PPA and is expected to produce 165 GWh of electricity each year.

These projects are part of a substantial commitment by Ecoener to the region, representing a total investment of approximately €116 million (US$135 million) in Guatemala since the start of 2024, which also includes its 14.2 MW Las Fuentes hydropower facility. The commissioning of these new solar PV assets has pushed Ecoener’s total operational portfolio beyond 500 MW, marking a 47% growth in capacity from the previous year and contributing to its total asset base of 740 MW.

This massive influx of capacity marks a pivotal moment for Guatemala, which previously had a total installed photovoltaic capacity of just 110 MW, according to the International Renewable Energy Agency (IRENA). The momentum is growing, with other international players like Enerland Group also entering the market with plans for a 66 MWp solar park. These strategic investments signal a new phase of renewable energy expansion for the country, supporting both energy independence and global climate objectives.

Sources for Ecoener Constructs 74MW & 75MW Solar Plants in Guatemala

1. Ecoener, Pv Leader in Guatemala with New 74.7 Mwp Plant
2. They will build two photovoltaic plants in Guatemala. – Inspenet
3. Public tenders reshape Central America and Caribbean energy …
4. Spanish Renewable Company Ecoener Constructs Two …
5. Ecoener builds 149 MW in Guatemala and will lead photovoltaic …
6. Ecoener secures green bond financing for 74MW Guatemalan PV