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FX Daily Updates
El Salvador approves 10-year tax breaks to attract geothermal investment
georgemiller
Publish Date: Thu, 11 Sep 2025, 00:56 AM
SAN SALVADOR, Sept 10 (Reuters) - El Salvado's Congress approved a law on Wednesday granting 10-year tax breaks to boost private investment in the geothermal energy.
The law exempts import duties on equipment for geothermal plants and waives income taxes on energy production and emissions certificates. Authorities estimate the country has 600 megawatts of geothermal potential, with 100 MW to be developed by the state in the next five years.
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https://www.reuters.com/business/energy/el-salvador-approves-10-year-tax-breaks-attract-geothermal-investment-2025-09-11/