According to IRENA, Honduras has installed around 529 MW of solar PV capacity as of 2023. ⁵

According to recent projections, Honduras is expected to significantly increase its solar panel production capacity in the coming years, with estimates suggesting a substantial rise in solar power generation, potentially reaching a share of around 16% of the total installed capacity by 2025, making it a key contributor to the country’s renewable energy mix alongside hydropower. ⁶

• Fossil Fuels: $0.10 – $0.13 USD per kWh ⁷
• Hydropower: $0.02 – $0.05 USD per kWh ⁸

²

• Fossil Fuels: 41%
• Hydropower: 35%
• Solar: 9%
• Wind Energy: 6%
• Bioenergy: 7%
• Geothermal: 3%

Electricity access in Honduras is subject to regional disparities and socioeconomic factors.  Daily service provision ranges from less than four hours in some areas to approximately 23 hours in others. ⁹

Specific data on the exact number of individual residential installations is not readily available. However, Honduras has been a leader in solar energy in Central America, with significant growth in both utility-scale and residential installations.

According to publicly available records, there are about 26 installed and projected solar farms in Malawi. ¹⁰

Current Demand: Honduras’ off-grid solar market is booming, driven by a combination of factors. Government support and falling technology costs have made solar a more viable option. This growth is particularly important for improving energy security and independence in rural and remote communities that lack access to the traditional power grid. ¹¹

Projected Demand: The future of off-grid solar panels in Honduras looks promising, with a significant potential to expand access to electricity in rural areas, particularly due to the country’s high solar radiation, growing government initiatives to address energy poverty, and increasing investment in distributed solar and mini-grid solutions, making it a key component of the country’s renewable energy strategy.

Honduras is aggressively expanding its solar power capacity with a goal of adding over 8 GW by 2030.  Large-scale projects are underway, and a CIF-supported program is incentivizing private investment in grid-connected solar plants.  These efforts aim to diversify energy sources, reduce fossil fuel dependence, lower electricity costs, and improve energy access. ¹²

Solar Engineer: The average monthly income for a solar engineer in Honduras typically falls within the range of $1,000 and $2,100 USD. ¹⁴

Solar PV Installer: The average monthly income for a Solar PV installer in Honduras typically ranges from $730 to $2,000 USD. ¹⁵

Project Manager: The average monthly income for a project manager in Honduras typically ranges from $9,200 to $36,700 USD. ¹⁶

As of 2025, the population of Honduras is approximately 10,938,691. ¹³

Factory rent: The average rent for factory space in Honduras can vary significantly based on location, size, and facilities.

Utilities (electricity, water, etc)

• Electricity: As of June 2024, the average cost of electricity in Honduras is approximately $0.234 per kWh for residential use and $0.229 per kWh for businesses. ³
• Water: The cost of water per cubic meter in Honduras is approximately $0.50 for residential use. This price can vary depending on the region and the specific water provider. ¹⁷

Equipment maintenance

The cost of maintaining solar equipment in Honduras can vary depending on the type and scale of the system, as well as the specific maintenance requirements. Generally, maintenance costs include regular cleaning, inspection, and occasional repairs or replacements of components like batteries and inverters.

Administrative costs

• Salaries & wages: The average monthly salary for a Project Manager in Honduras typically ranges from $9,200 to $36,700 USD. The average salary for an engineer in Honduras is approximately between $1,000 and $2,100 USD. The average salary for an installer in Honduras is approximately within the range of $730 and $2,000 USD.

Total Installed Capacity

As of 2024, the total installed electricity capacity in Honduras is approximately 3,159 MW. This includes capacity from various sources such as fossil fuels, hydroelectric power, and other renewable energy sources. ⁶

Electricity Generation

The energy composition includes 62% fossil fuels and 38% renewable sources, predominantly hydroelectric power. The country generates approximately 6,539 GWh of electricity annually, with the majority (53%) coming from petrol power plants and 42% from hydroelectric plants. Despite significant electricity production, Honduras faces challenges like high transmission and distribution losses (about 21%) and limited rural electrification, with only 45% coverage. ⁷¹⁸

Electricity Consumption

Honduras has seen a steady increase in electricity consumption over the years. In 2022, the country consumed 8.79 billion kilowatt-hours of electricity, up from 8.43 billion kilowatt-hours in 2021. This growth reflects the rising demand for energy in both residential and industrial sectors2. The residential sector accounts for about 42.5% of the total consumption, while the industrial sector, including commercial activities, makes up 53.3%. ¹⁸¹⁹

Grid Infrastructure

Honduras’ electricity grid, while interconnected with neighboring countries like Nicaragua, El Salvador, and Guatemala through the Central American Electric Interconnection System (SIEPAC), struggles with reliability, particularly in rural areas where access is limited (45% coverage). The state-owned utility, ENEE, which manages transmission and distribution, faces financial and operational challenges, resulting in significant technical and commercial losses, including those from theft and billing errors. While Honduras is focused on expanding renewable energy sources and the government is working to improve the grid, financing and loss reduction remain major obstacles. ⁷¹⁸

Energy Access

As of 2022, approximately 94% of the population has access to electricity. However, rural areas lag behind with only 45% coverage. ⁷²⁰

Renewable Energy Law: Honduras passed reforms in 2012 to accelerate the adoption of renewable energy. The law aims to increase the share of renewable energy in the country’s energy mix. ²²

Energy Roadmap 2050: This roadmap outlines the country’s long-term goals for energy self-sufficiency and sustainability, with a focus on increasing the use of renewable energy sources. The roadmap was developed in collaboration with the Honduran Energy Secretariat (SEN) and various stakeholders from the national energy sector. It serves as a guiding document for the construction of a national energy policy that aims to create a competitive, transparent, and sustainable energy market. ⁶²³

Incentives for Solar Projects: The government offers tax benefits and subsidies to encourage investments in solar energy projects. Honduras’ Decree 70 (2007) incentivizes renewable energy projects by offering a 10% price premium for the first 15 years of operation and exempting generators from import, income, and sales taxes. ²¹

Rural Electrification Projects: The Honduran Renewable Energy Project for Rural Development has been implemented to bring electricity to rural communities through solar energy projects. This project has already benefited numerous communities across the country. ²²

Feed-in Tariff: The government has introduced feed-in tariffs to encourage the generation of electricity from renewable sources, including solar. These tariffs guarantee a fixed price for the electricity generated by renewable energy projects, providing financial stability and encouraging investment.

Installed Projects

Aura II Solar PV Park ²⁶

• Location: Choluteca, Honduras
• Capacity: 61.48MW
• Details: The Aura II Solar PV Park, a 145-hectare ground-mounted project in Honduras, was developed by Gauss Energia and is currently owned by Corporacion Aura Solar. Commissioned in August 2015, this 200,000-module facility generates 109,000 MWh of clean energy annually, powering approximately 80,000 households.

SERNA Pavana Solar PV Park ²⁷

• Location: San Lorenzo, Choluteca, Honduras
• Capacity: 24.5MW
• Details: The SERNA Pavana Solar PV Park, a 103-acre ground-mounted project, was developed by Energia Basica and SB Energy Holdings and is now owned solely by Energia Basica.  It generates 42,000 MWh of electricity, powering 61,000 homes. The project was commissioned in May 2015

Los Prados Solar PV Park ²⁵

• Location: Located in Choluteca, Honduras
• Capacity: 53 MW
• Details: Scatec is developing the Los Prados Solar PV Park, a 18.14-hectare ground-mounted solar project in Honduras. Scatec owns 70% of the project, while Norfund owns the remaining 30%. The park is expected to generate 110,000 MWh of electricity.

Projected Projects

Choloma Solar PV ²⁴

• Location: Choloma, Cortés, Honduras
• Capacity: 300MW photovoltaic solar with 60MW storage
• Details: Under development by the Honduran government and DanaSun Energy Honduras in Choloma, Cortés, with the initial phase aiming for 100MW of solar capacity and 20MW/80MWh of storage, expected to begin operations between March and August 2025.

Terrero Blanco 2.5 solar farm ²⁸

• Location: Juticalpa, Olancho, Honduras
• Capacity: 2.5MW
• Details: The project is 100% owned by Empresa Nacional de Energía Eléctrica (ENEE). This project is part of Honduras’s efforts to increase its renewable energy capacity and reduce reliance on non-renewable energy sources

Grupo Rio

They specialize in providing energy solutions, including the sale, rental, and technical support of generators. They are known for their commitment to quality, competitive pricing, and agile service2. Grupo Rio has successfully completed over 3,000 projects annually and has more than 2,000 MW of experience in the energy sector. They also offer renewable energy solutions, integrating solar photovoltaic systems for industrial, commercial, and residential use. ³²

Sielsol

They specialize in the sale of solar panels, equipment, accessories, and installation services. Sielsol offers customizable solar kits suitable for diverse applications, from urban residences to remote communities where solar power is often the sole electricity source.  The company is recognized for its professional service and commitment to providing reliable solar solutions, particularly in isolated areas. ²⁹

Pacific Solar Energy

They are a leading solar energy company based in Tegucigalpa, Honduras. They are dedicated to promoting sustainable development and clean energy solutions. Their commitment to environmental respect and social responsibility is evident in their use of photovoltaic panels and solar thermal collectors to harness and distribute energy efficiently. Pacific Solar Energy continues to be a key player in the region’s transition towards renewable energy. ³⁰

Alanza Energía

Alanza Energía is a prominent company in Honduras, focusing on renewable energy solutions. They are known for their innovative and sustainable approach to energy generation, particularly through photovoltaic (solar) projects. Alanza Energía collaborates with various international partners and financial institutions to develop and operate these large-scale solar parks. ³¹