INVESTEU EIB SIGNS €50 MILLION GREEN LOAN WITH MATRIX RENEWABLES

El Salvador r power renewables
Bioenergy (19.6%), hydropower (3.5%), geothermal (3.4%), and solar (1.1%) were El Salvador's top renewable sources as of 2019. [1]. Bioenergy (19.6%), hydropower (3.5%), geothermal (3.4%), and solar (1.1%) were El Salvador's top renewable sources as of 2019. [1]. Renewable sources in El Salvador consist of solar power, hydropower and geothermal power. In El Salvador, oil generates only 32.36% of electricity. [pdf]FAQS about El Salvador r power renewables
What is the energy supply in El Salvador?
In 2019, total energy supply in El Salvador reached around 156 600 TJ (see Figure 5). That year, the renewable energy source with the largest share as part of the primary energy supply was bioenergy (19.6%), followed by hydropower (3.5%), geothermal energy (3.4%), and solar energy (1.1%) (CNE, 2020).
What is El Salvador's new energy policy 2020-2050?
The new National Energy Policy 2020-2050 aims to diversify El Salvador’s energy mix and take advantage of the country’s significant renewable energy resource potential. At the same time, the policy highlights the need to reduce dependence on fossil fuels and mitigate the impact of climate change.
Who is responsible for implementing El Salvador's energy policy?
The primary entity for implementing this energy policy is the CEL and its subsidiary companies. These assume a strategic role in energy research, project execution and renewable energy generation, as well as maintaining a high degree of co-ordination with the CNE in the development of El Salvador’s energy sector.
Will El Salvador get a new PPA for renewables?
This project already holds a PPA, which was awarded during the first energy bidding process in El Salvador back in 2012. It will also cover a large part of the distribution companies’ demand. Following the plant coming online, the allocation of new PPAs for renewables will likely depend on the growth of electricity demand and future energy policy.
Does El Salvador have a renewable resource potential?
While the country has recently made significant advances in diversifying its energy supply, much of its renewable resource potential remains untapped. In terms of installed power capacity, by 2019, El Salvador’s solid biomass had reached 298 MW while biogas totalled nearly 7 MW (IRENA, 2020a).
Does El Salvador have a national energy policy?
Institutional structure of energy sector El Salvador’s National Energy Policy 2020-2050 was still being developed by CNE at the time of this report’s release, with a publishing date of later in 2020. At time of writing, the existing national energy policy was thus still the one published by the Council in 2010 (CNE, 2010).

Guatemala r power renewables
In 2018, Guatemala derived 57.43% of its total energy supply from biofuels and waste, followed by oil (29.54%), coal (7.68%), hydro (3.22%), and other renewables such as wind and solar (2.12%). [1] [pdf]