Venezuela upgrades solar power generation for home use

The Venezuelan government has expressed intentions to promote solar energy development, with plans announced in early 2023 to install 2000 megawatts of solar capacity over three years.

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At the beginning of 2023, Venezuela"s Ministry of Electric Energy announced a new plan to install 2,000 megawatts (MW) of solar energy over the next three years.

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As of April 2022, Venezuela"s electrical grid was said to be operating at 20% of capacity, with actual generation running 6 GW to 10 GW short of the country"s needs, and an estimated investment of

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Recent announcements indicate new activity in Venezuela''s renewable energy sector, particularly regarding solar power. These developments suggest an emerging focus on diversifying

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In early 2023, Venezuela''s Ministry of Electric Energy announced a plan to install 2000 megawatts (MW) of solar energy over three years, starting with 500 MW in the states of Zulia, Falcón, and Lara.

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