The Honduran government says it has signed power purchase agreements (PPAs) for three wind projects in the country totalling 120MW, with construction scheduled to start on all before end-2013.
The contracts, with state-owned utility Empresa Nacional de Energía Eléctrica (ENEE), include two new projects developed by local real estate giant Grupo Terra in the southern coastal department of Choluteca.
A third PPA was signed with Costa Rica-based Globeleq for a 24MW extension to its existing 102MW Cerro de Hula plant, the country’s first wind plant, online since 2011. The power price set for phase two is US $120/MWh.The contracts follow German turbine manufacturer Nordex’sacquisition of a 300MW wind project portfolio in Honduras from developer R4E in September 2012.
Michael McGovern, Windpower Monthly, 08 January 2013