4 FAQs about Guatemala factory solar power generation for home use

Is Guatemala a good place to invest in solar energy?

Guatemala is the second largest Central American power market, with a goal to increase renewable energy use. Relatively high levels of solar irradiance and large areas of cleared land give the country a strong potential for increased solar energy development.

Why did BMR decide to buy a solar farm in Guatemala?

As part of its evaluation process, BMR determined that the solar farm offered a strong return that was supported by Guatemala's well-established and stable regulatory system. BMR navigated a complex and cooperative sales process that involved four owners across three legal jurisdictions.

How does green solar work?

Reduces greenhouse gas emissions by 10,000 tons of CO2 equivalent per year. Local Guatemalan staff provide support for all operation, maintenance and commercial management at the site. The original owners of the Green Solar project approached BMR seeking financial investment.

Does BMR have a green solar farm?

The Green Solar farm achieved increased availability under BMR's ownership. BMR is committed to going beyond energy development and promoting thriving, sustainable communities. In the Zacapa area surrounding its solar project, BMR will be providing support to local schools and other community initiatives.

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