MPC Solutions enters Guatemala with 65MW PPA with sugar producer

Facebook
Twitter
LinkedIn
Reddit
Email
A solar project from Canadian Solar in Brazil, one of the most promising Latin American markets for solar PV. Image: Canadian Solar via Twitter.

Renewable energy developer MPC Energy Solutions has signed a long-term power purchase agreement (PPA) with sugar cane exporter IMSA for a 65MW solar PV plant in Guatemala.

The agreement was made for the power of the plant with sugar cane processor and exporter Ingenio Magdalena S.A (IMSA) subsidiary Comercializadora de Energía Para el Desarrollo S.A.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

It marks MPC Energy’s entry into the Guatemalan market, having already established a presence across Latin America and the Caribbean.

Project development will begin immediately and construction of the plant is set to start within twelve months. IMSA Group is the largest private energy producer in Guatemala and supplies around 8% of the country’s power, it claimed.

Fernando Zuniga, managing director for Latin America and the Caribbean at MPC Energy Solutions said: “Establishing development activities in Guatemala demonstrates how MPC Energy Solutions is spearheading the drive to meet high demand for renewable energy in Central America, as countries across the region seek to decarbonize energy production.”

PV Tech reported in March last year that solar PV represents the most cost-effective route to decarbonisation for Central American countries, as the International Renewable Energy Agency reported that installations must double in the next decade.

A recent policy change in Mexico supporting a state owned solar-plus-storage project was hailed as a shift in thinking for the country last month, which is one of the largest markets in the region.

Read Next

July 15, 2025
Malaysian utility company Tenaga Nasional Berhad has officially launched a floating solar pilot project, which could help unlock 2.2GW of generation capacity.
July 15, 2025
Ingeteam has expanded its footprint in Australia by announcing it will supply the 243MWp Maryvale Solar and Energy Storage Project in New South Wales.
July 14, 2025
Australian renewables developer Edify Energy has submitted plans for a 300MWac solar-plus-storage site in Victoria to Australia’s Environment Protection and Biodiversity Conservation (EPBC) Act.
July 14, 2025
ACWA Power has signed power purchase agreements (PPAs) with Saudi Power Procurement Company (SPPC) for five solar PV projects in the country.
July 14, 2025
Elements Green has secured €80 million (US$93.5 million) in financing from Danish investment firm Copenhagen Infrastructure Partners (CIP).
July 14, 2025
Solar and storage developer MN8 Energy has raised US$575 million to refinance three PV projects in North Carolina, Kentucky and Illinois.

Subscribe to Newsletter

Upcoming Events

Media Partners, Solar Media Events
September 2, 2025
Mexico City, Mexico
Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 22, 2025
Bilbao, Spain
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK