MASPV seals a 15-year agreement to build the largest solar power plant with batteries in Central America

INTERNATIONAL EXPANSION AND INVESTMENT

The company consolidates its position in the Latin American market after formalizing power purchase agreements (PPAs) with the main electricity distributors in Guatemala. Estanzuela projectwhich will require a investment of more than 100 million dollarsIt will integrate 130 MWp of photovoltaic power and 100 MWh of storage, marking a milestone in the region's energy infrastructure.

---

The company MASPV has taken a strategic step in its internationalization process by formalizing the long-term power purchase agreements (Power Purchase Agreements or PPA) that guarantee the viability of Estanzuela projectThis infrastructure, destined to become the most important photovoltaic installation with a storage system in Central America, will be built in Guatemala.

To ensure the marketing of energy, the company has signed 15-year agreements with the Electric Company of Guatemala, SA (EEGSA) and Eastern Electricity Distributor, SA (Deorsa), two of the leading distributors in the Guatemalan market. In parallel, as a demonstration of its solvency and to finalize the contractual phase of the award, MASPV has deposited bank guarantees worth $2,5 millionThis allows the green light to be given to the development and subsequent construction of the facility.

State-of-the-art infrastructure for supply stability

The energy complex will be located in the Zacapa department and is projected to enter commercial operation before 2029It will have a generation capacity of 130 MWp of photovoltaic power, backed by a robust storage system 100 MWh.

This hybrid design addresses a critical need in modern electricity markets: manageability. Part of the electricity produced will be fed directly into the grid, while surpluses will be stored in batteries. This ensures supply during periods of low sunlight or peak demand, allowing for adjustments to the grid. supply curve and ensuring greater stability for the national electricity grid. Ultimately, storage eliminates the exclusive dependence on daylight hours, transforming solar energy into a predictable and manageable resource.

Strategic impact for MASPV and the region

The corporation's top executive highlighted the value of this transaction within the framework of its international business. Ángel Serrano, MASPV's global CEO, stated: "With the signing of these contracts and the deposit of the guarantees, we have completed a decisive stage and transformed a strategic award into a real, financeable, and long-term energy project. Estanzuela is one of MASPV's greatest international milestones and demonstrates our ability to compete and execute large-scale projects in highly demanding markets.".

Serrano also highlighted the technological value of the plant, indicating that its combination of generation and storage is "the evolution that the sector needs"Furthermore, it has reaffirmed the company's commitment to the region: "Guatemala further reinforces our commitment to Latin America, a region with enormous resources, transforming markets and the capacity to attract investment in advanced energy infrastructure that will boost its competitiveness and development.".

At the macroeconomic and environmental levels, the commissioning of this megaplant will drastically reduce the Central American country's dependence on fossil fuels, increasing its clean energy generation capacity and strengthening the security of its electrical system. For MASPV, this contract reinforces Latin America as a priority region within its business expansion plans and large-scale international investments.