Solarpack’s Authorization for the Guatemala Solar Park Project
Spanish renewable energy company Solarpack has secured authorization from Guatemala’s Ministry of Energy and Mines to install and operate the 75 MW Tierra del Sol Solar Park in the Chiquimula department, marking a significant step toward bolstering the country’s renewable energy capacity.
Project Details of the Guatemala Solar Park
Located in the municipality of Camotán, within the Chiquimula department, the Tierra del Sol Solar Park will have a nameplate capacity of 75 MW and will be equipped with approximately 124,000 solar modules.
Once operational, the solar park is projected to generate around 172.2 GWh of electricity annually. This energy will be integrated into the national grid, providing enough power for an estimated 89,000 homes and cutting greenhouse gas emissions by roughly 56,000 tonnes of CO2 each year.
Solarpack’s Expanding Presence in Guatemala
Established in 2005, Solarpack specializes in utility-scale solar power plants, focusing on the development, financing, construction, operation, and management of these facilities. The company operates in several countries, including Spain, Peru, Chile, Brazil, Colombia, the United States, India, Malaysia, Indonesia, and South Africa.
In Guatemala, Solarpack is already known for the Horus I and Horus II solar plants, which have a combined installed capacity of 80.4 MW. The company also owns the Tierra del Sol II and Tierra del Sol III solar plants, each with a 50 MW capacity.
The Tierra del Sol Solar Park is part of Solarpack’s broader strategy to expand its renewable energy portfolio across Latin America. With a 25-year concession to operate the plant, the project will help meet rising energy demands in Guatemala while reducing the country’s dependence on fossil fuels.
The Guatemala Solar Park’s Role in National Energy Goals
The project aligns with Guatemala’s national energy policy, supporting the country’s goal of increasing the share of renewables in its energy mix. Guatemala aims to generate 80% of its electricity from renewable sources by 2032, and the addition of the Tierra del Sol Solar Park is a pivotal part of achieving this ambitious target.
The project is also expected to create jobs during its construction and operational phases, bringing economic benefits to the local community. According to the Ministry of Energy and Mines, the solar park will boost the country’s energy security and reduce its reliance on imported fossil fuels.
Environmental and Social Impact of the Guatemala Solar Park
The environmental benefits of the Tierra del Sol Solar Park are significant. By reducing CO2 emissions by 56,000 tonnes annually, the project will support Guatemala’s efforts to combat climate change and improve air quality. Furthermore, Solarpack is committed to implementing social responsibility programs in the local community. These initiatives will focus on enhancing education, health, and infrastructure, ensuring the project’s benefits extend beyond energy generation.
Guatemala’s Growing Renewable Energy Sector
Guatemala is making considerable progress in the renewable energy sector, with solar and wind power becoming increasingly vital parts of the country’s energy mix. The nation’s geographical location and favorable climate make it ideally suited for solar energy projects.
For more information on Guatemala’s solar initiatives, visit PVknowhow.com.
The approval of the Tierra del Sol Solar Park underscores Guatemala’s commitment to renewable energy and sustainable development. This project marks a significant step forward for the country’s energy sector, helping meet domestic power needs while contributing to global efforts to mitigate greenhouse gas emissions. With its combined environmental, economic, and social benefits, the park is set to have a lasting impact on Guatemala’s energy landscape.