Nicaragua: Over 3 Million Hectares for Potential Biofuel Production

A study by the ministry of Energy and Mines found that the country has over 3.2 million hectares suitable for biofuel production.

Thursday, June 24, 2010

Milton Fernández, coordinator of the study, explained that they also discovered that Nicaragua can produce biodiesel from fig, palm and jatropha, and ethanol from sugar cane, cassava and gourd.

“From the six tested crops, gourd seems to yield the most benefits: it is cheap to produce, it’s compatible with livestock breeding, and could play a large role in driving small farmers out of poverty”, said Fernández.

More on this topic

Oil Optimism in Nicaragua

September 2016

The results of the examination carried out so far by the Norwegian company Statoil indicate the existence of "interesting geological structures that may contain oil." reports that "...Preliminary results of the first stage of research were presented on Tuesday by Statoil to authorities of the state-owned company Empresa Nicaragüense de Petroleos (Petronic), the Ministry of Energy and Mines (MEM), the Ministry of Environment and Natural Resources (Marena), and Enel."

Biofuel Project Reactivated

July 2012

The Ministry of Energy and Mines in Guatemala is going to create an internal committee in order to study the possibilities of using plant-based fuels.

The law which enables the use of ethanol blended with gasoline has been paralyzed since 2008 in the Guatemalan Congress and the administration of Perez Molina has proposed reviving the project, by means of a ministerial commission that will analyze "the environmental and socioeconomic impact that such a fuel modification could have and what the potential use of biofuels in the local market is."

Guatemala to Host Energy Fair 2011

November 2011

From 14 to 16 November, the fifth Central American Energy Fair will take place, with the theme "challenges and opportunities for boosting the region’s energy potential."

The event, which anticipates the participation of 80 to 100 companies, brings together businessmen and investors from the energy and oil sectors and, for the first time this year, the mining sector.

IDB releases new version of Biofuels Sustainability Scorecard

September 2009

The new version of Biofuels Sustainability Scorecard, enables to anticipate the social and environmental impact of biofuel projects.

Update incorporates feedback from five regional consultations and addresses concerns regarding food security, indigenous peoples and biodiversity preservation.

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