Is Honduras a good country for solar energy?

This is a major breakthrough since Honduras becomes the first non-island nation to exceed the 10% mark in terms of solar energy production. Honduras also leads other Central American nations in terms of the amount of installed PV capacity and is only second to Chile in all of Latin America.

How much solar energy does Honduras produce?

In 2016, the state power energy company ENEE cited that 10.2% of the nation’s electrical system was generated from solar sources, specifically through PV power plants. This is a major breakthrough since Honduras becomes the first non-island nation to exceed the 10% mark in terms of solar energy production.

Does Honduras have a photovoltaic boom?

Honduras also leads other Central American nations in terms of the amount of installed PV capacity and is only second to Chile in all of Latin America. This energy revolution is spurring more development in Honduras and there are many investors hoping to take advantage of the photovoltaic boom in the country.

What is the least expensive solution to the energy crisis in Honduras?

(Productive uses). SHS are comparatively cheap but energy service is limited and business and service systems are critical and often have high transaction costs. The World Bank concludes that the least expensive solution to reach the goal of the Honduras Government of 400,000 new connections by 2015 would be the dissemination of SHS.

Does Honduras have electricity?

Honduras has one of the lowest rural electrification rates in Latin America after Nicaragua. About 54 percent of the rural population still lacks access to electricity . In absolute terms, it is estimated that more than 386,000 households or more than 1.93 Million people in rural areas remain without access to electricity.

How many people are without electricity in Honduras?

In absolute terms, it is estimated that more than 386,000 households or more than 1.93 Million people in rural areas remain without access to electricity. The national electricity system is concentrated in the western part of Honduras while the sparsely populated eastern part remains mainly beyond economic line-extension distances.