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Agua Fria Solar Power Plant

Active · Valle

Source: World Bank Group

Project
Active

A partnership of the Norwegian companies Scatec Solar ASA (40%) and Norfund KLP (30%) and the local company PEMSA (30%) was granted the authorization to build and operate a 60-MW solar power plant located at Nacaome, Valle Department . The electricity generated by the power plant was set to be directed to the country's national grid (a 20-year power purchase agreement (PPA) was signed with Hondura

Status
Prospective
Sector
Commercial, Water Supply and Storage, Power Generation (CCGT), Solar, Government
Location
Valle, Honduras
Updated
22 Jul 2026
Source
World Bank Group

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Project Information

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The project “Agua Fria Solar Power Plant” is an infrastructure initiative in the Commercial sector, located in Valle, Honduras. Taiyo aggregates data on it from World Bank Group.

Participants

Sponsoring Agency

Status

Original status

active

Taiyo status

Prospective

Taiyo last update

2026-07-22

Contact

Not available for this record.

Description

Description

A partnership of the Norwegian companies Scatec Solar ASA (40%) and Norfund KLP (30%) and the local company PEMSA (30%) was granted the authorization to build and operate a 60-MW solar power plant located at Nacaome, Valle Department . The electricity generated by the power plant was set to be directed to the country's national grid (a 20-year power purchase agreement (PPA) was signed with Honduras’s state-owned company Empresa Nacional de Energía Eléctrica). The project cost was estimated at US$ 125 million. Operations were expected to commence in the second semester of 2015. In December 2014, Export Credit Norway, Norwegian Export Credit Guarantee Agency and Corporación Interamericana approved a US$ 90 million loan. Operations commenced in May 2015.

Original sector

Energy

Budget

Location

Country

Honduras

State

Valle

Source

Source

World Bank Group

URL

More Details

Record type

Project

Sector

Commercial, Water Supply and Storage, Power Generation (CCGT), Solar, Government

Article published date

2024-05-27

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