El Salvador Awards Contracts for 94 Megawatts of Solar

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Three renewable-energy developers were awarded contracts to sell 94 megawatts of capacity from solar farms they’re planning to build in El Salvador.

UDP Neoen-Almaval agreed to sell 60 megawatts of capacity for $101.90 a megawatt-hour, Georgina de Flores, director of El Salvador’s National Energy Board, said in an interview yesterday.