CABEI and the Republic of China (Taiwan) will support the energy sector in Honduras

Tegucigalpa, August 12, 2021.- The Central American Bank for Economic Integration (CABEI) and its partner country the Republic of China (Taiwan) are promoting initiatives to develop the energy sector in Honduras, aimed at increasing the country's energy supply, diversifying the energy matrix and renewable energies.

The Republic of China (Taiwan) has already initiated the documentation review process to consider financing the feasibility studies and design of a Floating Photovoltaic Solar Power Plant (FSPV) at the Francisco Morazán Hydroelectric Dam in Honduras, El Cajón.  The technical cooperation consists of an expert consultant, capacity building, environmental and social impact assessment studies; elements necessary to lay the groundwork for the renewable energy project.

This initiative will have a positive impact on the country's energy development, which is relevant for CABEI since it contributes to the country's progress and the well-being of its population.