The Bolivian government's Chamber of Deputies has approved a €60 million (US$66.7 million) loan agreement from the French Development Agency (AFD) to help finance a 50MW solar PV plant in the department of Oruro.
The chairman of Bolivia's Committee of Political Economic Planning and Finance, Javier Zavaleta, described the project as a 'breakthrough' for the country and said it could be replicated elswhere in the country.
Try Premium for just $1
- Full premium access for the first month at only $1
- Converts to an annual rate after 30 days unless cancelled
- Cancel anytime during the trial period
Premium Benefits
- Expert industry analysis and interviews
- Digital access to PV Tech Power journal
- Exclusive event discounts
Or get the full Premium subscription right away
Or continue reading this article for free
A total of 290 hectares of land have been set aside for the project, which is expected to inject 106GWh of power in the national grid annually.
The National Energy Company (ENDE) Corporation, via its subsidiary Guaracachi, will implement the project in the community of Ancotanga, in the municipality of Caracollo, Cercado province of Oruro department.
