Nicaragua: Incentives Required to Promote Renewable Energy

Companies in the sector are working on a proposal that would provide incentives to attract clean energy projects to the country.

Monday, August 23, 2010

The current legal framework only allows incentives for large-scale projects, excluding small investments, comments Leonor Gutiérrez, an energy sector consultant analyst.

La Prensa reports comments from Gutiérrez on its website: "We are clear that incentives are needed to enable equipment to be imported, for the construction phase and also for the preliminary stages of every project. This is why we want the state to put measures in place to make it possible for small businesses to develop projects with a medium term return on their investment".



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Solar Power in Honduras: Incentive with Timeframe

April 2015

An announcement has been made that solar energy projects that negotiated contracts with the state run power company and begin operating before July 31 will receive an incentive of $0.03 per KW / h.

For renewable energy the price is, according to the National Energy Company (ENEE) is $11.4 KW / h, marginal cost, added to which is the 10% incentive and now on top of this would be added the additional $0.03 for generators operating during the next three months. In total for these companies the price KW / h would be at $15.54.

Gas Plants in Puerto La Union Accepted

May 2012

The new mayor will maintain the ban on power plants using coal or bunker fuel, but accepted those running on clean energy.

The new mayor of the municipality of La Union, Ezequiel Milla, has amended a decree prohibiting the installation of power plants that used coal, liquefied natural gas or any derivation of hydrocarbons as fuel, which was not conducive to investment in the city.

Alternative Energy Growing in Panama

September 2016

5MW of capacity is the new total of the joint generation of the 86 solar projects that are registered with the National Secretariat of Energy.

Tax incentives included in Law 37 of 2013 and Law 38, as amended this year, are encouraging the development of renewable energy projects such as solar or wind plants in different areas in Panama. 

Present and Future of Solar Energy in Central America

September 2014

Although the installed capacity is currently small, strong growth is projected in the region as a result of tenders with prices that favor large-scale projects.

A report by IHS Technology predicts rapid growth of photovoltaic capacity in Central America, which will supposedly reach 22 megawatts in 2018.

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