The company Cogeneración Green Power S.A. has opened a generating plant which uses sugar cane bagasse with an installed capacity of 38 MW.
From a statement issued by ProNicaragua:
The company Cogeneración Green Power S.A., owner of the electrical cogeneration project in Ingenio Montelimar, today inaugurated a modern plant, with the aim of increasing production of energy and sugar within the mill.
The planned investment to be made in the Benjamin Zeledon Mill over three years, will double its production capacity allowing it to generate 35 MW of energy.
Most of the investment will focus on electricity installation and cogeneration, considering that it will already will be generating 35 MW in November 2018. Of total generation, 25 MW will be delivered to the national grid and the rest will be for self consumption.
The Colombian sugar company Mayagüez has acquired a 60% stake in Casur Sugar Holdings, owner of ingenio Benjamin Zeledon, in the department of Rivas.
The company Casur Sugar Holdings has 1,900 employees and can grind 645.185 tonnes of cane, producing 1.2 million sacks of sugar a year, with sales of more than $38.3 million.
Elnuevodiario.com.ni reports that the Colombian company "...
The Monte Rosa mill will invest $100 million in a new boiler to increase the amount of power generated from bagasse from 32 to 55 MW .
The mill plans to increase the amount of energy generated based on sugar cane waste by investing in a new boiler. With this extra power, the company aims to supply about 10% of domestic demand.
"That will require an additional investment of about a hundred million dollars to install a new boiler that will allow us to grow from 6.3 million to 7.3 quintals of sugar per harvest. But the most important thing is not more sugar, but to generate more energy. We want to deliver 55 megawatt hours of clean renewable energy and have the ability to generate all year round, not just during the harvest ", said Bernardo Chamorro, general manager of Monte Rosa in an article on Laprensa.com.ni .
Nicaraguan sugar producers are confident that the harvest which was recently started will bring in more than the 15.6 million quintals of sugar produced in the last cycle, reaching 17 million.
This was explained Mario Amador, general manager of the National Committee of Sugar Producers (CNPA). This would mean an increase of 8.9% compared to the 2012-13 harvest.
The automated bulk terminal will have a capacity of 65 thousand metric tons and will allow sugar to be transferred directly to the boats conveyor belts.
This was announced by Cossimo Lisandrelli, chief of the port plant operated by SER San Antonio, who added that the terminal to be built in the cellar of the west pier of Corinto "... will expedite loading and lower costs because of reduced length of stays".
Nicaraguan Sugar producers are investing in new boilers in order to sell 150 megawatts to the national grid for nine months of the year.
"That is to say, between 25% and 37.5% of the country's current demand, which is approximately a minimum of 400 megawatts and a maximum of 600 megawatts, says Ronald Solis an agroindustrial loss auditor at the Monte Rosa Mill", reported Laprensa . com.ni.
Encouraged by the prospect of higher prices due to a reduced harvest in other regions, two Nicaraguan sugar producers want to increase their sugarcane growing areas by 5,000 hectares.
The Montelimar and Benjamin Zeledon mills want to buy up to 5,000 additional hectares of land to grow sugarcane in the 2012-2013 cycle, which would allow production to increase to 14 million quintals, according to estimates.
The company predicts that it will export 80 million liters of ethanol to Europe in 2009 which will generate $56 million in income.
Nicaragua Sugar Estates Limited, which is owned by the Pellas Group, owns Ingenio San José, through which it produced and exported 20 million liters of ethanol in 2007, 50 million in 2008, and it plans to reach 80 million this year.