Guatemala's electricity market is regulated by the CNEE (Comision Nacional de Energia Electrica) with two main distribution companies: EEGSA serving the capital region and Energuate covering the rest of the country. Guatemala uses a progressive tier system.
On September 12, the government signed a $300 million public-private partnership (PPP) with IWA Green Energy (a Mauritania-based company) to build its first hybrid solar-wind plant, a 160 MW solar/60 MW wind project with 370 MWh storage set to begin operations in September 2026.
The project integrates 160 MW of solar PV, 60 MW of wind power and a 370 MWh battery energy storage system, supplying electricity to the grid operated by national utility Somelec. A 225/33 kV substation will connect the facility to the transmission network.
The proposed project will combine wind, solar, battery energy storage and green hydrogen to help local industry decarbonise. It includes an option to expand the connection to 1,200MW. Endesa will build five solar plants and five wind plants supported by a battery energy.