Key Market Indicators
Honduras is poised for a significant uptick in its solar energy capacity over the next five years. According to recent projections, the country's solar capacity is expected to reach approximately 640 megawatts by 2028, up from around 550 megawatts in 2023. This marks an annual growth rate of 2.5%. The Central American nation has been steadily increasing its solar energy output. Since 2004, the solar capacity in Honduras has grown at an annual rate of 1.3%. This continued growth underscores Honduras' commitment to renewable energy and its potential to become a key player in the region's green energy sector.
