ENEL GREEN POWER: PALO VIEJO POWER PLANT IN GUATEMALA BECOMES OPERATIONAL
With 85 MW of installed capacity, the up and running plant will be able to generate 370 million kWh annually, thus avoiding the atmospheric emission of more than 280 thousand tonnes of CO2.
EGPs total installed capacity in Latin America increases to 754 MW.
Rome, March 15th, 2012 The new Enel Green Power hydroelectric plant in Guatemala, in the Department of Quiche, has been connected to the grid.
The new facility, which is a run-of-the-river plant (i.e. without a dam or reservoir), has a total capacity of 85 MW. The fully operational plant will be able to generate 370 million kWh each year, avoiding the atmospheric emission of 280 thousand tonnes of CO2 each year.
The construction of the plant was supported by Simest, the public-private finance institution which promotes the international development of Italian enterprises.
With Palo Viejo, Enel Green Powers fifth hydroelectric plant in Guatemala a country with rapidly growing electricity demand, the Italian renewables company has increased its installed capacity to 161 MW. With the new plant, EGPs total installed capacity in Latin America has increased to 754 MW.
"Palo Viejo is a clear demonstration of our ability to build power plants in Latin America, a region with major growth potential in which we already have a strong presence, stated Enel Green Power CEO Francesco Starace The entry into service of the new plant has further increased our zero-emissions capacity in Guatemala, where we have had a well-established presence for a long time, showing our commitment to contributing to sustainable growth in the Country.
Enel Green Power has invested 4.5 million US dollars to promote the economic and social development of the local communities in the area, in collaboration with local institutions.
About Enel Green Power
Enel Green Power is the Enel Group company fully dedicated to the development and management of renewable energy sources in Italy and throughout the world. The Company generated 22.5 billion kWh in 2011 from water, sun, wind and the Earths heat - enough to meet the energy needs of more than 8 million households and avoid the emission of over 16 million tons of CO2 into the atmosphere. Enel Green Power is a world leader thanks to its well-balanced generation mix, which includes all major renewable technologies. The Company has an installed capacity of over 7,000 MW from a mix of sources including wind, solar, hydroelectric, geothermal and biomass. Currently, EGP has over 640 operational plants in 16 countries in Europe and the Americas.