Martifer Solar has opened an office in El Salvador, its fourth in Latin America.
Last autumn El Salvador, a country of six million people that is heavily reliant on burning oil and diesel for electricity, unveiled a 100MW renewables tender – 60MW of it dedicated to PV.
Martifer, one of the world’s leading solar EPC providers, says it is “actively pursuing” utility-scale projects with unnamed private investors, adding that it views El Salvador as a “strong country of growth” for renewables.
The new office, in the capital city of San Salvador, will allow Martifer to offer “on-the-ground support for our clents in Central America and increase our experience in these emerging markets”, says business development director Ismael Garcia.
“We see great potential in this region,” says Garcia.
Martifer already maintains offices in Chile, Brazil and Mexico.
In January Martifer filed for Chapter 11 bankruptcy protection for its US subsidiary, saying that while it still views the US as a “strategic” market, it needs to adjust the repayment schedule of its debts there.