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.
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.
The ICE will invest about $325 million in buying energy from six private private hydroelectric projects and five wind energy ones.
Globeleq announced the wind power plant in Honduras reached financial agreements and will begin construction.
On November 8th, the country's national electricity transmission company (ETESA in Spanish) will receive offers for the 14-year wind power contract.
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