Martifer Solar Boosts its Presence in the Central American Market

• The company has opened a new office in El Salvador, which will be responsible for all business development and relations with private investors in the country 

Martifer Solar, a subsidiary of Martifer SGPS, strengthens its position as a leading fully-integrated player in the global photovoltaic market with the opening of an office in El Salvador. The new office is located in San Salvador and will be in charge of business development within the country.

The company is currently working with private investors in El Salvador and actively pursuing utility-scale solar opportunities. An increasing number of utility-scale tenders providing solid opportunity for project development coupled with high levels of solar radiation make it a strong country of growth for renewable energy.

Martifer Solar already has a strong presence in Latin America, with offices in Chile, Brasil and Mexico, where it has completed the largest PV project in the region—the 30 MW AC Aura Solar plant in La Paz.

“Martifer Solar has a proven reputation for its ability to adapt to local markets around the world. The company is currently operating in more than 20 countries over 4 continents and we look forward to bring this extensive know-how to the market in Central America,” said Ismael Garcia, Business Developer for Martifer Solar. “Our new office in El Salvador will allow Martifer Solar to provide on-the-ground support for our clients in Central America and increase our experience in these emerging markets. We see great potential in this region and believe that this office will be a rewarding endeavor for the company.”

As acknowledged by a recent Worldwatch Institute report, approximately 65% of Central America´s electricity comes from renewable energy sources—mostly hydro and geothermal. Therefore, solar energy has plenty of room to develop due to a mix of current frameworks in the region and increasing affordability of PV systems.

According to the latest iHS research report among 700 EPC contractors, Martifer Solar is currently the 5th largest player at the European level and 16th in the World’s PV Integrators ranking.

ABOUT MARTIFER SOLAR

Martifer Solar is a fully-integrated player in the global photovoltaic market focused on Development, EPC and O&M Service.

The company is based in Portugal and has presence in Europe (Spain, Italy, Greece, Belgium, France, Czech Republic, Slovakia, United Kingdom, Germany, Romania and Ukraine), North and Latin America (United States, Canada, Mexico, El Salvador, Chile, Brazil and Ecuador), Africa (Cape Verde, Mozambique and South Africa) and Asia (India, United Arab Emirates, Singapore and Japan).

In 2012, Martifer Solar’s revenues reached 230.8 million euros and, to date, the company has implemented 500 MW of photovoltaic solar energy worldwide.

Martifer Solar is part of the Martifer Group, a multinational industrial group with around 3,000 employees focused on metallic constructions and solar energy. Martifer SGPS, SA is the holding company of the Group and has been listed on Euronext Lisbon since June 2007.

LEARN MORE AT WWW.MARTIFERSOLAR.COM

Maya Rao - Martifer Solar - Marketing & Communication Department

P: 351 232 811 381  /  F: 351 232 811 389
Email: maya.rao@martifer.com 

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