Currently, 80% of power generation plants operating in the country are privately owned, and the Ortega administration has announced that it will continue to offer attractive terms to encourage the arrival of new private investment into the energy sector. The 2017-2030 plan envisages the incorporation of 1300 MW into the energy matrix, "... '(projects) that are open to all national and foreign investors who are participating.'"

Elnuevodiario.com.ni reports that "...The minister informed MPs about progress made in electricity coverage in the country, which has reached 90.3%, and the projects that will continue to be promoted this year in renewable energy and modernization of 18 electrical substations. The main investments could be made in the Caribbean."

"... Deputy Jenny Martinez added that "In regards to investment for the improvement of the energy sector in 2016, US $254 million was spent in that year on solar energy in the Caribbean coast alone, we could be talking about an initial investment of US $50 million'."

Source: elnuevodiario.com.ni

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