5 MW solar project sets benchmark for distributed generation in Guatemala
Designed to embrace the renewable energy transition—particularly solar PV—the project combines high operational reliability with advanced digital technologies, showcasing
Designed to embrace the renewable energy transition—particularly solar PV—the project combines high operational reliability with advanced digital technologies, showcasing
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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.
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%).
As of 2020, Guatemala had 4110 MW of installed electrical capacity, based primarily on hydro power (38.38%), fossil fuels (30.36%), and biomass (25.20%). Other renewable sources represented a much smaller percentage of capacity, including wind (2.61%), solar (2.25%) and geothermal energy (1.20%).
The Guatemalan government has a plan of using geothermal power to supply for two thirds of the country’s energy needs by 2022 . Thus reducing oil imports and stabilizing the country’s energy supply . Crude oil production in Guatemala has high potential, with estimations suggesting the possibility of reaching 50000 barrels/day .