The Potential of Wind Power in Nicaragua

With four wind farms set up in the department of Rivas, the country is exploiting only 23% of a potential of 800 megawatts.

Monday, March 31, 2014

Although $417 million has already been invested in the construction of new wind farms in the country, there is still ample room to install more and take advantage of this kind of renewable energy generation.

"Nicaragua is a viable country in Central America for the development of wind energy, but only 23.2% of a potential of 800 Megawatts is being exploited, with four plants installed in the department of Rivas, according to the country's energy sector."

"The President of the Superior Council of Private Enterprise, Cosep, Jose Adan Aguerri recommended not to" concentrate on one type of energy matrix in the country. "

"I would say that there will be an accommodation in the search for hydropower through the Tumarín project," he said in an article in elnuevodiario.com.ni.

"Wind energy will be concentrated in 2017 in a share of 12.8% out of all renewable sources, according to a study by the Association of Renewables in Nicaragua."



More on this topic

Nicaragua: Step Backwards On Clean Energy

January 2015

The private sector disapproves the action taken by the Ministry of Energy to reduce the amount of energy generated from wind and bagasse which is injected to the national grid.

This measure which seeks to reduce the energy input of these sectors comes at a time when wind and bagasse plants are operating at full capacity, therefore there is a direct impact on their finances.

Nicaragua: 22% of Energy Generated Comes from Wind Power

June 2014

55% of the energy generated between January and May this year came from renewable sources, wind power having the largest contribution, followed by geothermal, with 15% of the total.

Nicaragua's great potential to generate energy from renewable sources is reflected in the figures for the first 5 months of this year, showing the results of investment in wind farms and geothermal plants.

Globeleq Acquires Wind Farm in Nicaragua

April 2012

Globeleq Generation Limited (Globeleq), an energy company, announced the acquisition of a 100% stake in the project Eolo de Nicaragua S.A. which aims to generate 44 MW.

Eolo is in the province of Rivas on the shore of Lake Nicaragua, about 125 kilometers south of the capital, Managua.

Third Wind Farm Built in Nicaragua

April 2012

Work has begun on a new park in the Isthmus of Rivas, a $160 million project which will generate 44 MW.

The project belongs to the company Eolo of Nicaragua, who have invested $160,536,670 according to records at the Ministry of Environment and Natural Resources (MARENA).

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