On March 16th, 2012, Onyx Service & Solutions Inc. (Greenwood Village, Colorado, U.S.) announced that it has decided to terminate development of its 22-megawatt (MW) solar photovoltaic (PV) project on the Island of Roatan, Honduras. The company has informed its Honduran partners as well as local government officials about its decision.

The company has determined that the current political, financial, and regulatory situation in Honduras is “unfriendly” to alternative energy projects.

Focus on smaller-scale projects

"Although we've made the painful decision to walk away from what we feel could have been a game-changing project for the people of Roatan, we are hopeful that the smaller-scale projects we are developing for Roatan will be able to bring at least some of the benefits to the citizens envisioned by our initial diesel generation augmentation project," Onyx Service & Solutions Chairman and Chief Executive Officer (CEO) Malcolm G. Burleson said.

http://www.solarserver.com/solar-magazine/solar-news/current/2012/kw12/onyx-terminates-development-of-honduran-22-mw-pv-project.html