The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.
The islands of the Caribbean have been focusing on the deployment of storage solutions, minigrids and microgrids in response to the damage their power systems suffered during the 2017 hurricane season. But with the opportunities, there are also challenges.
The government of the Central American country with the highest installed PV capacity wants to renegotiate contracts awarded in 2015 under an incentive regime. While domestic companies have reportedly agreed to reduce tariffs, international investors are said to be in no mood to capitulate.
Electricity from PV plants represented 10.2% of the nation’s electricity mix in 2016. Honduras also leads Central America as the country with the highest PV capacity with 433 MW-AC installed.
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