Guatemala's Generation Expansion Plan 5 (PEG-5) tender has attracted 51 bids totaling nearly 4.7 GW, with around 2 GW of solar projects, including hybrids with storage, competing for long-term supply contracts starting between 2030 and 2033. The Ministry of Energy and Mines and the National Electric Energy Commission (CNEE) opened the technical bids under the PEG-5, seeking to contract firm capacity and associated energy for distributors EEGSA and Energuate to ensure long-term supply amid projected demand growth. The tender, considered the largest in Guatemala's history, could mobilize over $3.7 billion in investment and is expected to increase competitive pressure in the reverse auction set for March 25. The process is part of the government's strategy to advance universal electrification and address new hourly demand peaks, framed within the Law of Incentives for the Development of Renewable Energy Projects.