French independent power producer Neoen has secured $ 143 m in funding for its 140 MW project , Capella Solar , in El Salvador . funding for Neoen 's second large - scale solar facility in the country includes the possibility of installing a 3 / 4 lithium - ion battery system . Capella Solar was granted a 20-year power purchase agreement with local distributors at $ 250 / MWh , and was one of several schemes to be awarded by El Salvador ’s National Energy Council last year .
French independent power producer Neoen has secured $143m in funding for its 140 MW project, Capella Solar, in El Salvador. Financing for Neoen's second large-scale solar facility in the country includes the cost of installing a 3 MW/1.5 MWh lithium-ion battery system. Capella Solar was granted a 20-year power purchase agreement with local distributors at $49.6/MWh, and was one of several schemes to be awarded by El Salvador’s National Energy Council last year.