Markets & Policy

Bolivia announces a 100 MW solar project

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.
By
Blanca Díaz López
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.

Written by

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: [email protected].

Comments