Elsia Paz served as a team leader for the private sector in Honduras in the recently approved renewable energy bid 100-1293/2009. This is considered a historical act that will add 700 MW of renewable energy requiring an investment of USD 2,100 million (70% of the projects are small scaled projects under 15 MW). The utility company will purchase 250 MW -- 42 PPAs were signed recently for total period of 30 years. The remaining MWs will be offered to grand consumers and the regional market.