Honduras renewable energy tender launches with ambitious 1.5 GW target
Honduras has initiated a tender for 1.5 GW of renewable energy projects aimed at addressing its energy deficit and reducing reliance on fossil fuels. The tender seeks to procure 1,000 MW of solar power and 500 MW of wind power, with the first phase expected to add 300 MW of solar and 150 MW of wind to the grid.
Honduras renewable energy tender details and participation guidelines
The Honduran government has announced a new tender for 1.5 GW of renewable energy projects, seeking 1,000 MW of solar power and 500 MW of wind power. The goal is to address the country’s energy deficit and reduce its reliance on fossil fuels.
This initiative forms a crucial part of the government’s broader strategy to enhance the nation’s energy security and sustainability. The tender was launched by the Ministry of Energy, the National Electric Power Company (ENEE), and the Honduran Energy Regulatory Commission (CREE).
The tender is divided into three phases, with the first phase focusing on adding 300 MW of solar power and 150 MW of wind power to the grid. This phase will also incorporate energy storage systems, a significant step forward in stabilizing the grid.
Prospective developers can submit bids for projects ranging from 5 MW to 150 MW. The deadline for bid submissions is December 18, 2024, with results announced on December 31, 2024.
Developer requirements for Honduras renewable energy tender
Developers interested in participating in the tender must meet several requirements, including providing evidence of their technical and financial capabilities. Additionally, developers must submit detailed project proposals, including timelines for construction and commissioning.
Projects must be connected to the national grid, and developers must secure the necessary permits and approvals. The government has set a timeline for the completion of the projects, with the first phase expected to be operational by 2026.
The tender is part of Honduras’ commitment to increasing its share of renewable energy in the national energy mix. The country has significant potential for solar and wind energy, with ample sunlight and wind resources available throughout the year.
Renewable energy potential highlighted in Honduras renewable energy tender
Honduras is located in the tropics, providing high solar irradiance year-round, making the country ideal for solar power generation. Honduras has taken significant steps to harness its solar potential, with several large-scale solar farms already in operation, and this new tender aims to further expand this capacity.
Wind energy is another key focus for Honduras. The country’s mountainous terrain and coastal areas offer favorable conditions for wind power generation. The government has identified several regions with high wind potential, targeting these areas for development through the new tender.
The introduction of energy storage systems is a major advancement. These systems will help stabilize the grid and ensure a steady power supply, even during periods of low solar or wind generation. Energy storage is crucial for integrating renewable energy into the grid, allowing for the storage of excess power generated during peak periods.
The new tender is expected to attract both domestic and international investors. The Honduran government has been working to create a favorable investment climate for renewable energy projects, including offering incentives and streamlining the permitting process.
The success of the tender will depend on the participation of both local and international developers. Honduras has a growing renewable energy sector, with several local companies already active in the market. The government is also looking to attract international players with experience in large-scale renewable energy projects.
Economic and energy goals of Honduras renewable energy tender
The 1.5 GW renewable energy tender is a significant step forward for Honduras in its quest to boost renewable energy development. By increasing its solar and wind power capacity, the country aims to reduce its dependence on fossil fuels and enhance its energy security. The tender is also expected to create jobs and stimulate economic growth.
Enhancing its renewable energy capacity positions Honduras to reduce its reliance on fossil fuels. This move not only addresses the nation’s energy challenges but also aligns with global efforts to combat climate change. The tender is a crucial step towards a more sustainable energy future for Honduras.
