Participant Energy Announces Groundbreaking Construction on Largest Privately-Owned Solar System In Honduras

BERKELEY, Calif., June 10, 2021 /PRNewswire-HISPANIC PR WIRE/ — Participant Energy pronounces the graduation of building on a 14.7 MW photo voltaic array in Honduras. The consumer, Green Valley Industrial Park, positioned close to San Pedro Sula, is a world-class industrial facility with multinational purchasers corresponding to Lear Corporation, Simtex, and Gildan Textiles.

Participant Energy, a renewable vitality developer primarily based in Northern California, started working in Honduras in 2018 after creating photo voltaic in Costa Rica as a part of that authorities’s official photo voltaic initiative, Plan Piloto. Nick Goodwin Self, CEO of Participant Energy, acknowledged, “We believe that due to the prestige of the client and the fact that this is largest private commercial solar facility built to date in Honduras, this venture will have a catalytic effect on valuable new markets for renewable energy in this sector.” The PPA will save Green Valley 20 % on their vitality prices from day one. Gustavo Raudales, Director General of Grupo Karims, which owns Green Valley Industrial Park, affirmed, “Participant Energy is meeting the challenge we face here in Honduras to develop not only more affordable energy, but clean renewable energy to help grow Honduras’ rising industrial and commercial development, while remaining conscious of increasing environmental concerns.”

Participant Energy, working with industrial-scale agriculture, has developed a number of the largest photo voltaic arrays in Northern California. The firm can also be pioneering agricultural waste-to-energy gasification know-how to create clear artificial fuels from rice hulls, nut shells and bagasse. This produce-gas will also be used with linear gas-powered mills to supply electrical energy for baseload operations, in addition to offering emergency back-up era in periods of grid destabilization.

About Participant Energy:
Participant Energy is a U.S. primarily based worldwide renewable vitality improvement firm, specializing in clear energy for California, Central America, and the Caribbean.

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