No end in sight for Nicaragua's growing energy crisis

Nicaragua's energy crisis is growing ever more severe because of the absence of investment in the electricity industry, said Lorena Lanza Espinoza, a senior Energy official.

Tuesday, May 20, 2008

Nicaragua, Central America's smallest power market, requires some 500 megawatts a day of electricity, but demand is growing by 5 percent a year and the country has no way of meeting it. The result has been two years of power cuts of up to 12 hours at a time, Espinoza explained in a newspaper interview.

More on this topic

V International Symposium on Energy in Panama

August 2012

Organized by the Union of Industrialists of Panama (SIP) and the Secretary of Energy, the event will be held on 10th and 11th of October at the Hotel El Panama.

As has become traditional, this symposium will bring together more than one hundred professionals related to energy, industrial companies other economic activities, as well as representatives from public institutions.

Infrastructure Investment Outlook

February 2011

Fitch Ratings discussed the 2011 outlook for the transportation and energy sectors in Latin America.

Fitch expects that during 2011 infrastructure assets in Latin America will continue to be resistant to the global financial crisis. Moreover, the economic outlook in developed countries has magnified the importance of supportive regulations to keep adequate financial profiles in transportation projects.

Finnish-built power plant to provide 50mw boost for El Salvador

May 2008

A US$62.2 million expansion of the Talnique power station will add 50 megawatts to El Salvador's generating capacity.

Work is already underway on the second phase of the expansion and should be concluded by the first quarter of next year, said Nicolás Salume, president of the Río Lempa Hydroelectric Commission (Cel).

Mexico to sell power to Guatemala

April 2008

From May of next year, Mexico's state-owned Federal Electricity Comission (CFE) will begin to sell Guatemala 200 megawatts of power under a five-year accord signed in 2006.

The CFE has built transmission lines to the border, but work remains to be done on the Guatemalan side before the accord can be implemented.

 close (x)

Receive more news about Business and Investment

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Costa Rica Coffee Farm and Development Property

Sustainable 70 Acre Coffee Farm, San Ramon, Costa Rica Coffee Estate, development property with 20 titled lots, ready to develop with roads, water, power. Great Location, close to everything
Ideal area for living or developing an ecologically...

Stock Indexes

(May 26)
Dow Jones
S&P 500


(May 29)
Brent Crude Oil
Coffee "C"