Why did Honduras recognise ROC (Taiwan) until just recently?

China seems to be building a hydroelectric dam in Honduras. Perhaps this is a condition of that aid? Also, the president of Taiwan, Tsai Ing-wen, is openly pro-independence from China, which is an escalation from their previous stance based on the 1992 consensus in which both parties "agreed" (with very different interpretations) that China and Taiwan are both part of "one China."

Probably a holdover from a previous administration that they reneged on when they needed to interact with China bilaterally.