Fénix 2 Strengthens Guatemala’s Renewable Energy Matrix with 5 MW Solar Plant

Fénix 2 has officially begun operations in Taxisco, Santa Rosa, marking a new milestone for private renewable energy investment in Guatemala. The solar plant, developed through a strategic alliance between IELOU Energy and Shift Energy, strengthens distributed generation capacity and contributes to the stability of the national power grid.

A US$3 million private investment in distributed solar generation

The project entered into operation following an approximate US$3 million private tender process. IELOU Energy and Shift Energy are linked to CMI Capital and Castillo Hermanos, respectively.

Located in Taxisco, Santa Rosa, Fénix 2 has an installed capacity of 5 MW and operates under a distributed generation model. This scheme enables electricity to be produced close to consumption centers, reducing transmission losses and improving overall grid stability.

Technology designed for coastal conditions

Fénix 2 integrates next-generation photovoltaic technology adapted to the climate conditions of Guatemala’s southern coast. The plant includes 9,570 bifacial Trina solar modules, 16 Huawei inverters, and a transformation center from the same manufacturer.

The fixed-tilt structure, set at a 10-degree inclination, is engineered to withstand wind loads and coastal corrosion. The facility’s energy production contributes to lowering CO₂ emissions and diversifying the national electricity matrix, reinforcing Guatemala’s renewable energy capacity.

Long-term vision and strategic infrastructure

Executives from the allied companies emphasized that Fénix 2 reflects a long-term business vision grounded in private investment, technological innovation, and commitment to a more efficient and sustainable energy matrix.

Enrique Crespo, CEO of CMI Capital, described Fénix 2 as a strategic investment that incorporates “advanced engineering for distributed generation” and strengthens the growth of CMI Energía’s regional portfolio. He highlighted that the project represents energy infrastructure aligned with the group’s regional vision and its focus on creating sustainable financial value through long-term productive assets.

Andrés Zachrisson, Vice President of the Energy Division at Castillo Hermanos, noted that Fénix 2 stems from a commitment assumed since 2011 and demonstrates that “it is possible to grow, innovate, and protect resources” through corporate partnerships.

What comes next for the Fénix solar portfolio

With the commissioning of Fénix 2, CMI also consolidates the launch of Fénix 1, located in Masagua, Escuintla. Together, both plants account for 10 MW of installed solar capacity and a combined investment of US$6 million.

The addition of new renewable capacity enhances the efficiency of the national electrical system and reduces dependence on traditional energy sources. At the same time, the distributed generation model opens opportunities for new small-scale private projects, as the private energy sector positions further investments centered on sustainability, private ownership, and economic growth.