Investments in the energy sector in Central America increased as of July 2023 and are expected to increase considerably by 2024. In the first half of the year, 16 solar plants for 328 MW and 1 hydroelectric plant for 65.7 MW were incorporated.
According to the World Energy Council (WEC), the abundance of natural resources in Latin America makes the region a propitious space for the development of renewable energy.
Our CENTRAL LAW partner in Nicaragua, Álvaro Molina, says that “the abundance of natural resources in our Central American region is the basis for the development of energy projects with renewable sources”.
For his part, our CENTRAL LAW partner in Honduras, J. Humberto Medina Alva, in our firm we have been advising our clients in various wind, solar and hydro energy projects and in some cases in projects structured under the law of public-private partnerships. Our team present in Guatemala, El Salvador, Honduras, Nicaragua, Costa Rica, Panama and Dominican Republic supports our clients in all stages from the beginning of the project until its development, accompanying them in the ordinary course of their operations”.
For more information, contact our partners or write us at info@central-law-com.