Solar Power Plant in Nicaragua
Speed Tech, which specializes in manufacturing of solar panels and solar based products, is discussing the installation of a power plant in the country.
Monday, February 28, 2011
Taiwan's ambassador in Nicaragua, without commenting on the amount of investment, said that there are advanced negotiations between representatives of the company, the investment promotion agency (ProNicaragua) and the Foreign Ministry.
The Taiwanese company, Speed Tech, has confirmed plans to install a solar panel factory with an investment of $10 million.
Panama could be a pioneer in the use of photovoltaic technology, or solar panels, in both homes and businesses, in response to an initiative from the National Authority of Public Services.
Two state run Chinese companies and one Costa Rican company have signed a letter of intent to install a solar power plant of 4 MW, in Carrillo, Guanacaste Province.
From 25 to March 27 companies and industry experts will be meeting in Panama to discuss issues such as financing, government policies and technology.
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