3 FAQs about Guatemala solar smart

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.

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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