Bolivia announces a 100 MW solar project12. February 2016 | Financial & Legal Affairs, Global PV markets | By: Blanca Diaz Lopez
The French Development Agency has awarded US$65.5 million in credit for the first 50 MW phase of the project in Bolivia’s Oruro Department.
This Wednesday Bolivian President Evo Morales attended the signing of a contract to finance a 50 MW solar PV plant in the Oruro Department, which was announced as the first phase of a 100 MW project.
The first 50 MW will require an investment of US$95.5 million, and Morales noted that the French Development Agency (AFD) awarded $65.5 in credit for the project. Additionally the European Union donated more than $10 million and Bolivia’s National Electric Company (ENDE) will provide $19.5 million.
This first phase will occupy 1.2 square kilometers in the municipality of Carcollo. The plant is expected to generate 106 gigawatt-hours annually.
This 50 MW project was already anticipated by Oruro Governor Víctor Hugo Vásquez last September. Earlier, a 20 MW PV project was announced in Oruro.
In addition to the project in Oruro, a 5 MW project has been announced in the Tarija Department, and a 50 MW project in Potosí. However only one PV project has been realized in Bolivia to date, a 5 MW project in the Pando Department.
This article was translated by Christian Roselund. For the original in Spanish, please see the pv magazine Latinoamérica website.
Thursday, 18.02.2016 11:02
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