IDB to finance 3 MW rooftop solar project in Honduras

IDB to finance 3 MW rooftop solar project in Honduras 17.02.2015: The Inter-American Development Bank (IDB) has approved a $5 million loan to Corporación Industrial del Norte SA (Corinsa) for the installation of a 3 MW rooftop PV system at its bottling plant in Honduras. Corinsa will install the PV array at its facilities in the city of San Pedro Sula for a total cost of approximately $10 million. The PV array will cover 34,000 square meters of roof space and will supply about 20% of the plant’s electricity needs, making it the largest rooftop industrial-scale PV system in Latin America, according to IDB. The IDB loan to Corinsa is part of a $50 million Energy Efficiency Finance Facility (EEFF). The EEFF was established by the IDB with support from the Nordic Development Fund (NDF) and is structured to identify opportunities for companies to invest in clean energy projects and finance their implementation. © PHOTON http://www.iadb.org http://www.iadb.org/en/news/news-releases/2015-02-12/energy-efficiency -in-honduras,11068.html

 

Monty Bannerman

ArcStar Energy

+1-646-402-5076

www.arcstarenergy.com