Wind Power for Less than $100 per MW

After starting operations on November 14, the renewable energy project Eolo has already generated five billion kilowatt hours for the Nicaraguan national grid.

Friday, November 30, 2012

The cost of a megawatt hour from the wind energy plant is about a hundred dollars, according to the country manager and Nicaragua is currently buying at $150 or $250 per kilowatt hour from other renewable sources.

Eolo is located in the province of Rivas on the shore of Lake Nicaragua, about 125 kilometers south of the capital, Managua. Electricity is produced using 22 wind turbines of 2.0MW each.

Laprensa.com reports that "These 44 megawatts generated by Eolo are added to the generating projects Amayo (63 mw), Blue Power Energy (40 MW) and another forty megawatts could be included from Alba Vientos which will be operational in 2014. "

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More on this topic

Honduras: More Investment in Wind Power

December 2012

12 turbines have been added at Cerro de Hula wind farm, with an additional investment of $63 million.

Currently the Cerro de Hula wind farm, owned by Energía Eólica de Honduras, a subsidiary of Globeleq Mesoamerica Energy, has a generating capacity of 102 MW.

The investment of $63 million announced by Deputy Minister of Natural Resources of Honduras, Roberto Cardona, will increase generation by 25 MW, bringing the total generating potential of Cerro Hula to 127 MW.

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).

Aeolian energy plant comes online in Nicaragua

December 2008

The first 40 megawatts wind energy plant, built at a cost of $95 million, will begin operations on January 4.

Amayo manager, Sean Porter, said that 18 of the 19 wind powered generators (100 meters high) at the wind farm are fully installed in the Department of Rivas, 128 kilometers to the south of Managua.

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