(SeeNews) - May 29, 2014 - Guatemala's government opened on Wednesday a 5-MW photovoltaic facility built in Estanzuela municipality by local solar energy firm Greenergyze (Green), Panama-based Grupo Ecos, Spanish Gransolar and Guatemalan investor IDC.
The companies invested USD 14 million (EUR 10.3m) in the park, named Sibo, which consists of 20,320 solar panels, according to a press release of the government.
The plant will sell its output under a 16-year power purchase agreement with power distributor Energuate.
The project is part of a solar energy programme that could save 750,000 gallons (2.8m litres) of fuel oil. Other energy options studied by the government are wind power and a gas pipeline with Mexico.
(USD 1 = EUR 0.734)