$2 billion for energy projects in Nicaragua

In the next four years Nicaragua plans to incorporate 856 megawatts of renewable energy into the national electric system.

Tuesday, January 13, 2009

According to Invertia "the cost of the investment in these projects will total $2.1 billion dollars," of which 350 million will come from Brazil for the construction of a hydroelectric plant.

64.9% of the energy will be hydroelectric, 23.4% geothermic, and 11.7% carbon-based, according to the projects that the government hopes to carry out during the 2009-2013 period, the report said."

More on this topic

Renewable Energy Companies Request Minimum Price

July 2009

Some 50 renewable energy projects can only be profitable is the kilowatt hour is paid $0.105 or more.

A number of projects presented by the Honduran Association of Small Renewable Energy Producers (Ahpper, Spanish acronym) to the National Electric Energy Company (ENEE, Spanish acronym) and to the Secretary of Natural Resources, could be operating in 18 to 24 months, outputting 150 megawatts.

Honduras Brings Back Up Renewable Energy Projects

July 2009

There are new conversations between the Honduran Association of Small Producers of Renewable Energy and the National Electricity Company.

The interest shown by the new administration of the National Company of Electric Energy (ENEE, Spanish acronym) in renewable energy production, could reignite 25 to 30 projects, that once the required paperwork is done, could be operating in 18 to 24 months, outputting 150 megawatts.

Honduras: Renewable Energy is not Progressing

May 2009

Entrepreneurs are complaining that ENEE favors companies producing electricity with imported raw materials.

Energy developers are complaining that the National Electricity Company (ENEE) is negotiating contracts with companies that work with imported raw materials, while a number of renewable energy projects are stalled due to lack of resolution.

Latin America Renews its Energy Matrix

April 2009

The crisis is not stopping energy projects. Nicaragua is among the countries that are growing the most in wind energy generation capacity.

The region is trying to regain lost ground, and there are dozens of power generation projects, especially using renewable sources.

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