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EL SALVADOR

Energy strategies in El Salvador

To help speed development and use of environmentally friendly RE technologies, the State has established support for investment in renewable energies ( medium scale plants which are erected quickly and without major environmental impact):

- Import of components for RE systems is exempt from duty

- A tax relief scheme for medium-scale power plants has been introduced:

a) installations with a capacity < 10 MW are exempt from taxation for 10 years

b) installations with a capacity up to 20 MW are exempt from taxation for 5 years.

Aim of the action: to promote electrification of rural areas.

A fund to support electricity generation from RES, mainly solar energy, is also prposed.

Renewable Energy Business in El Salvador

 

 

 

 

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