Nicaragua inaugurates new solar plant

A 2.1MW hybrid solar and thermal plant in Corn Island, Nicaragua has entered into commission.

The solar installation, Caribbean Pride Solar Energy Plant, has over 6300 solar panels, and a large storage and distribution system.

This renewable project will provide electricity for the 1943 homes on Corn Island, and will save 30 000 gallons of diesel fuel.

The project was partly financed by the Nicaraguan government, which invested USD 1.9 million, and the Inter-American Development Bank, which provided USD 4 million.

The project, the third solar PV park in the country, is owned by the state’s electric utility Enatrel. Enatrel recently announced it was planning the construction of a fourth solar project, a 50MW solar plant.