Does Guatemala have solar energy?

Notably, Guatemala has seen previous ventures into solar energy, including the announcement of a 5 MW photovoltaic project in 2014 and a subsequent tender for a 110 MW project in 2019, which was later cancelled. As of 2023, the country had an installed photovoltaic capacity of 105 MW, according to IRENA statistics.

Is Guatemala a good place to invest in solar energy?

Guatemala is the second largest Central American power market, with a goal to increase renewable energy use. Relatively high levels of solar irradiance and large areas of cleared land give the country a strong potential for increased solar energy development.

What is Guatemala's energy source?

This page is part of Global Energy Monitor 's Latin America Energy Portal. 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%).

What is energy security in Guatemala?

Within that context, energy security is to be defined with accordance to to the electricity supply, taking into account needs and objectives of the country's energy policy . The key aspects of the energy security perspective in Guatemala are: adequacy, resilience and sovereignty .

What is the average solar irradiaion in Guatemala?

According to the solar maps of Solar and Wind Energy Resource Assessment (SWERA), Guatemala's average solar irradiaion is 5.3 kWh/m2/day . Few small photovoltaic projects have been implemented in several Guatemalan remote areas, which have no access to grid electricity .

What is enerland group doing in Guatemala?

Enerland Group, a Spanish firm, has announced its expansion into Guatemala’s renewable energy market with the inauguration of its headquarters in the country and the commencement of construction on its inaugural photovoltaic park, Magdalena Solar, boasting a capacity of 66 MWp.