// startup autopsy
CleanHN
Honduras's solar startup trapped by the state electricity monopoly's approval process
unit economicsSlow Death
Years-long decline before final shutdown · Fatal mistake: ENEE monopoly on electricity distribution meant solar installations required ENEE approval averaging 18 months; project pipeline never converted to revenue
| Founded | 2019 |
|---|---|
| Closed | 2023 |
| Country | Honduras |
| Sector | Cleantech |
50%
50%
Key Events Timeline
2019
FOUNDING
2020
FUNDING
2022
MILESTONE
2022
CRISIS
2023
SHUTDOWN
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