El Salvador Energy Storage Company

What is a 378-megawatt energy plant in El Salvador?

Located in the Municipality of Acajutla, Sonsonate, the 378-megawatt project is an LNG-to-power facility that will supply approximately 30% of the energy demand of El Salvador and contribute to the diversification of the country’s energy mix through new clean energy generation and reduced reliance on heavy fuel oil and imported diesel.

How does electricity work in El Salvador?

From there, the gas powers 19 internal combustion engines and waste heat feeds one steam turbine. Two 230-kV electric transmission lines, one of which connects to the Central American Electrical Interconnection System, provides added grid reliability to the region and opens further opportunities for renewable energy in El Salvador.

How much money will EDP bring to El Salvador?

The transformative infrastructure project brings approximately $1 billion foreign direct investment for El Salvador. U.S.-based Invenergy is the majority shareholder of EDP and has led the development of the project in partnership with El-Salvador based partners Grupo Calleja, VC Energy de Centroamerica and Quantum Energy.

When did El Salvador's EDP power plant start operating?

Despite the enormous challenges, including supply-chain disruptions, travel restrictions, airport closures, global financial volatility, and Salvadoran COVID-19 mitigation measures and regulations, the power plant began commercial operation in October 2022. EDP is a transformative investment in El Salvador’s clean energy future.

How much money is invested in El Salvador?

In total, the project represents an approximately $1 billion investment in El Salvador. At least $10 million will be invested in economic and social works during the term of the power purchase agreements, strengthening local communities with a more than $500,000 investment per year.

How will EDP help El Salvador meet its climate goals?

In addition to meeting nearly one-third of El Salvador’s energy demand, EDP is projected to help the country meet its climate goals by reducing carbon emissions by 600,000 tons annually. The project has also been a catalyst for job creation and growth in the country.