Nicaragua Analyzes Inviting Bids for Wind Power

The legislation would require wind power generators to be contracted through a bidding process done by the distribution companies.

Tuesday, October 26, 2010

By conducting a competitive bidding process they expect to achieve lower average cost of power generation.

"Unofficial sources from the energy sector told La Prensa that this is a possibility being studied in depth, to make wind power generators present their contract proposals with lower average generation costs."

More on this topic

Central America and The Wind Power Industry

February 2013

Energy generated from wind power has great potential for growth in a region where access to natural gas is limited and countries mainly depend on diesel.

According to Adrian Katzew, manager of the Danish firm Vestas, a wind turbine manufacturer, the wind industry’s potential for growth of at the regional level is very high, considering that in Central America and the Caribbean there is no easy access to natural gas, meaning that power generation is dependant mainly on diesel and hydroelectric sources "which are very cyclical."

$325 Million in Private Power Purchase

February 2013

The ICE will invest about $325 million in buying energy from six private private hydroelectric projects and five wind energy ones.

According to the manager of the Costa Rican Electricity Institute (ICE by its initials in Spanish), Gravin Mayorga, the 11 projects that will be built by private companies to sell power to ICE will supply electricity to about 225,000 households.

Wind Farm in Cerro de Hula Moves Forward

November 2010

Globeleq announced the wind power plant in Honduras reached financial agreements and will begin construction.

The majority-owned subsidiary of Globeleq, Mesoamerica SA Renewable Energy (Known as Mesoamerica Energy), leader in development of wind projects in Central America, has been developing the 102 MW wind power project through its own local entity Wind Energy Honduras SA (EEHSA).

Panama Invites Tenders for Wind Farm

November 2011

On November 8th, the country's national electricity transmission company (ETESA in Spanish) will receive offers for the 14-year wind power contract.

The renewable energy contract is the first tender process of its kind carried out by the Panamanian government and has generated interest in investing in this technology.

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Industria Tecnológica Panameña

Industria Tecnológica Panameña S.A. (I.T.P) is a Panama Corporation, historically associated to the Belgian Group TRECO, incorporated in 1812, which owns the Belgian Company TURBOWINDS S.A., who designs, develops, manufactures, sells, installs and maintains Electrical Wind Generators since 1977 at the time under the name WINDMASTER.
Operates in Nicaragua and Panama
Phone: (507) 832 1829

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