The project, considered the world's largest solar-storage project, will install 3. 5GW of solar photovoltaic capacity and a 4. . The minigrids, and individual solar-plus-storage systems, form part of a Rural Electrification Access Program planned by the Inter-American Development Bank (IDB). Chen Guoguang, Chief Operating Officer of Huawei Digital Power and President of Huawei Smart PV, said. . Solarpack, a Spanish renewable energy company, has secured authorization from Guatemala's Ministry of Energy and Mines to install and operate the 75 MW Tierra del Sol Solar Park in the Chiquimula department. This approval is a major step toward bolstering Guatemala's renewable energy capacity. The. . Let's explore how this Central American nation is harnessing sunlight to power homes, businesses, and industries. "Guatemala's solar potential rivals California's sunniest regions, yet only 12% of this resource is currently utilized. Economic Benefits. . Notably,Guatemala has seen previous ventures into solar energy,including the announcement of a 5 MW photovoltaic project in 2014 and a subsequent tender for a 110 MW project in 2019,which was later cancelled.