Nicaragua studies the construction of small hydro dams
The government will undertake feasibility studies to analyze the construction of micro dams in the Caribbean region, which is not currently served by the Spanish energy company Unión Fenosa.
Thursday, July 31, 2008
These studies will be funded with 100.000 euros provided by the Energy and Environment Alliance of Finland and Austria, with a counterpart funded by the government of Managua.
The government of Taiwan delivered the required technical and engineering studies for building the hydroelectric power plant Patuca III.
Nicaragua generates just 98 MW of hydroelectric energy, while having potential for an estimated 3.280MW.
The Government of South Korea pledged $800 million to finance El Cimarrón hydroelectric dam.
Tenders for the project to double the capacity of the "5 de Noviembre” hydroelectric will begin in 2010.
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