Our vision transforms El Salvador into a regional leader in renewable energy by 2035. This comprehensive proposal outlines how we can achieve energy independence while positioning our nation to export surplus power to neighboring countries.
By leveraging our abundant natural resources—solar, geothermal, wind, and wave energy—we create a sustainable foundation for economic growth, technological advancement, and environmental stewardship. This plan supports President Bukele's vision for a modern El Salvador and creates opportunities for all citizens.
A Vision for a Green Energy Superpower
"We must act together to care for our common home while ensuring resources are available for all." — Pope Francis, Laudato Si'
Regional Leader
Export surplus energy, generating $200M annually by 2035
Energy Independence
Eliminate 26% electricity imports, reduce costs
Renewable Resources
Leverage solar, wave, wind, and geothermal potential
El Salvador stands at a historic crossroads to transform our energy landscape. By producing more energy than our current consumption of 5,829 GWh, we can support infrastructure development, accommodate population growth, attract global technology companies, and establish environmental leadership by reducing reliance on diesel-generated power.
Solar Energy: Immediate Impact with Mystic Enterprises
30% Higher Solar Yield
Our tropical location, and more advanced technology provide significantly higher solar yield compared to Europe and the US, maximizing energy production year-round.
$0.08 Cost per kWh
Solar energy delivers 43-68% savings versus current market rates, immediately reducing costs for businesses and households.
30 Days to Deploy
Solar installations can be operational in just one month, compared to 5 years for traditional geothermal power plants.
$100M Investment per Project
Mystic Enterprises offers zero upfront costs to the government while delivering clean energy infrastructure worth millions.
Solar energy represents El Salvador's fastest path to reducing electricity costs. Mystic Enterprises offers projects that can add 50-80 MW per installation, significantly increasing our current 14.2% solar share. Their deal requires no upfront investment from the government while delivering electricity at rates far below market prices.
We recommend approving Mystic's proposal immediately, with a target to scale to 500 MW of solar capacity by 2030, and negotiating strong local job creation clauses to maximize economic benefits for Salvadorans.
Geothermal Energy: Building on National Commitment
Current Capacity
204 MW installed (18.9% of 2024 generation), with identified potential of 791 MW across the country's volcanic regions.
Economic Advantage
LCOE of $0.05-0.06/kWh, providing 25-38% cost savings compared to solar, making it extremely competitive for baseload power.
Implementation Challenges
High upfront costs ($54-108 million per 30 MW) and lengthy five-year construction timelines create barriers that require strategic partnerships to overcome.
Geothermal energy represents El Salvador's heritage in renewable energy, providing reliable baseload power regardless of weather conditions. The World Bank's 2025 project supporting a new 25 MW plant in Chinameca demonstrates international confidence in our geothermal potential.
We recommend establishing partnerships between Mystic Enterprises and multilateral funders like the World Bank to add 200 MW of geothermal capacity by 2030, focusing on high-enthalpy sites for maximum efficiency.
Wave Energy: Pioneering Coastal Potential
Abundant Potential
Wave energy offers consistent power generation without battery storage requirements, perfectly complementing El Salvador's coastal development plans including Bitcoin City.
Predictable Output
Unlike solar or wind, wave energy provides reliable output over daily and weekly scales, making it ideal for fulfilling export commitments to neighboring countries.
Untapped Resource
With potential for 100 MW by 2030, wave energy represents a frontier opportunity. Recent U.S. assessments showed 30% higher potential than previously thought, suggesting similar undiscovered capacity along our coastline.
We recommend funding comprehensive feasibility studies in 2024-2025 to assess our coastline's wave energy potential. Mystic Enterprises has already expressed interest in this technology, despite its early development stage, offering an opportunity for El Salvador to become a regional pioneer.
Wind Power: Synergistic Efficiency with Wave Infrastructure
Current Capacity
2% of energy mix (2024)
Growth Target
200 MW by 2030
Complementary Source
Balances solar variability
Cost Efficiency
Shared infrastructure with wave farms
Wind power offers a strategic opportunity to double efficiency when paired with wave energy installations. By sharing offshore platforms, transmission lines, and grid connections, we can significantly reduce infrastructure costs while expanding our renewable portfolio.
The global wind sector added 113 GW of capacity in 2023 alone, with Latin America contributing 36 TWh to this growth. El Salvador can leverage this momentum by developing 100 MW of offshore wind capacity by 2030, strategically integrated with our planned wave energy farms.
Why Mystic Enterprises is Ideal
Factory-Ready Equipment
Solar and geothermal technology prepared for immediate deployment, compliant with local standards and backed by comprehensive maintenance plans.
Proven Financing Model
$100 million commitment per solar project with zero upfront costs to the government, ready to scale with additional projects.
Strategic Alignment
Full support for El Salvador's geothermal and wave energy goals, demonstrating commitment to our national priorities beyond immediate profit.
Mystic Enterprises offers a partnership model that mirrors successful no-upfront-cost solar projects throughout Latin America. This approach reduces fiscal strain on the government while accelerating our transition to renewable energy.
We recommend formalizing Mystic as a key strategic partner, ensuring all contracts include guarantees for local job creation and technology transfer to build domestic capacity in renewable energy development.
Funding and Partnerships: Innovative Financing Models
Wave Tokens
Blockchain-based investment opportunity for wave energy projects
Multilateral Funding
World Bank, IDB, and USAID renewable energy programs
Private Sector Partnerships
Replicating Mystic's model with additional firms
$100 Million Upfront Mystic Funding Per Solar Project
Immediately available for instant deployment!
Our financing strategy leverages El Salvador's crypto-friendly policies through innovative funding mechanisms like wave tokens, modeled after the successful volcano tokens used for geothermal projects. This approach can attract global crypto investors to our coastal energy initiatives.
Simultaneously, we'll pursue traditional funding through multilateral institutions and expand private sector partnerships beyond Mystic Enterprises. We recommend launching a wave token pilot program in 2026 and securing $500 million in multilateral loans by 2030 to support our renewable energy expansion.
Community Benefits: Jobs, Health, and Resilience
Job Creation
Thousands of new positions in construction, operations, and maintenance with inclusive hiring practices
Health Improvements
Reduced diesel use decreases groundwater contamination, addressing a major public health concern
Energy Resilience
Decreased import dependence (currently 26%) lowers costs and improves reliability
Regional Benefits
Affordable exports to Guatemala and Honduras reduce regional pollution
Our renewable energy initiative will deliver substantial economic and social benefits across El Salvador. The creation of thousands of jobs will prioritize local hiring, following the successful model of LaGeo's inclusive employment practices for women in the energy sector.
We recommend mandating that at least 50% of all jobs in renewable projects go to local workers and establishing dedicated funding for anti-pollution initiatives to maximize health benefits in communities affected by current diesel-based generation.
Future Opportunities: Empowering the Next Generation
High-Tech Education
Reliable renewable energy will power advanced classrooms, coding bootcamps, and specialized renewable energy courses throughout the country.
Youth Innovation
Students gain skills for careers in artificial intelligence, crypto industries, and renewable energy technology development.
Startup Ecosystem
Stable power infrastructure enables technology startups and crypto mining operations, creating entrepreneurial opportunities for young Salvadorans.
Global Connections
International firms attracted by our energy infrastructure will create mentorship programs and career pathways for local talent.
Our green energy infrastructure will fundamentally transform educational opportunities for young Salvadorans, supporting President Bukele's vision for educational advancement. By allocating 10% of project revenues to specialized education programs, we can target 1,000 students annually by 2030, creating a new generation of renewable energy and technology professionals.
Healthcare and Public Safety: Powering Innovation
High-Tech Health Clinics
Surplus energy will power advanced medical facilities throughout El Salvador, bringing state-of-the-art healthcare to previously underserved communities.
Reliable power ensures continuous operation of critical medical devices, improving treatment outcomes and saving lives across the country.
eVTOL Emergency Response
Electric Vertical Takeoff and Landing aircraft will revolutionize emergency services with rapid medical evacuations from remote areas.
- Reduces response time to critical emergencies
- Enables access to isolated communities
Disaster Management
Versatile eVTOL aircraft will serve multiple critical functions including firefighting operations and disaster response coordination.
- Enhances surveillance capabilities
- Improves coordination during natural events
These innovative applications of our renewable energy capacity align perfectly with El Salvador's modernization goals. We recommend initiating a pilot program for eVTOL emergency services in San Salvador by 2028, funded through revenues generated by energy exports to neighboring countries.
El Salvador in 2035: A Regional Energy Leader
By 2035, El Salvador will achieve 80% renewable electricity generation, with solar providing 30%, geothermal 25%, wind 10%, and wave energy 5% of our total mix. Our nation will export approximately $200 million worth of electricity annually through the SIEPAC grid, powering an estimated 4,000 homes in Guatemala and Honduras.
This transformation will position El Salvador as a leader in green technology exports while significantly reducing our dependence on fossil fuels to below 10%. We recommend establishing a dedicated regional energy trade task force by 2027 to maximize the strategic and economic benefits of our SIEPAC grid connections.
Conclusion: The Courage to Change the World
Immediate Action
Approve Mystic's solar projects by Q3 2025 to begin immediate implementation with zero upfront costs
Strategic Development
Fund wave energy feasibility studies and expand geothermal capacity with international partnerships
Infrastructure Integration
Develop offshore wind in conjunction with wave energy to maximize efficiency
Community Investment
Support education initiatives and eVTOL public safety network with export revenues
"The people who are crazy enough to think they can change the world are the ones who do." — Steve Jobs
El Salvador's transformation into a green energy superpower requires vision, courage, and decisive action. By approving this comprehensive plan, Congress can ensure economic growth, energy independence, and regional leadership for generations to come.
References and Additional Resources
These authoritative sources provide the foundational data and analysis supporting our renewable energy strategy. The publications offer detailed insights into global and regional energy trends, technological developments, and financing mechanisms relevant to El Salvador's transition to renewable energy leadership.
Additional research and feasibility studies will be conducted as specific projects move forward, with regular updates provided to Congress and the public to ensure transparency throughout implementation.
Establishing El Salvador as a Green Energy Superpower by 2035