Bósforo

Debt of January 2018

Bósforo is one of the first PV solar projects of its scale in El Salvador, providing over 200 GWh/year of renewable energy

Amount

€ 14,230,155.00

Type of investment

Debt

Development impacts

  • Access to basic services & goods
  • Fight against climate change and preservation of natural resources

Beneficiary locations

Latin America: El Salvador

Investment field

Infrastructure

Activity

Energy

Bósforo is one of the first PV solar projects of its scale in El Salvador. The different plants will be directly connected to regional distribution networks across the country. As such, it is an example of distributed generation in which energy is generated locally for local use and efficiency is improved by eliminating transmission losses. The generated electricity will be sold through 25 years Power Purchase Agreements to four different Distribution Companies.

Development impacts

  • Access to basic services & goods

    The plant will provide over 200 GWh/year of renewable energy ensuring enough electricity for 186,042 people.

  • Fight against climate change and preservation of natural resources

    Bósforo avoids local emissions usually attached to conventional energy, saving up to 91,400 tonnes of CO2eq/year.