Nicaragua - Page 2 of 6 - New Energy Events

Nicaragua to build 50MW solar PV plant
June 18, 2019
Nicaragua has announced the construction of a 50MW solar PV plant in the western part of the country. The project was announced by the state’s electric utility, Enatrel, and the Ministry of Energy and Mining. This solar energy installation will be the largest in the country. The Ministry is meeting with investors, and more details […]
Nicaraguan geothermal plant sees increase in power generation and revenues
May 8, 2019
Polaris Infrastructure have published their Q1 reports, which indicate an increase in the production of the San Jacinto geothermal power plant in Nicaragua. The increase in power generation from the power plant has also resulted in an increase in profit, up from half a million compared to the same period last year The 72MW geothermal […]
Positive progress report for geothermal plant in Nicaragua
March 11, 2019
Polaris Infrastructure announced in their 2018 Year End Results that the San Jacinto geothermal project in Nicaragua reached its highest annual power generation and revenue, and that the construction and stabilisation of a new well was a success. Polaris Infrastructure is a Canadian company engaged in the operation, acquisition and development of renewable energy projects […]
Solar power plant enters into operation in Nicaragua
January 23, 2019
A new 300kW solar power plant has been installed in San Juan, Nicaragua, providing electricity to inhabitants who previously had no access to the central grid. ENATREL, the country’s national electricity transmission company, has announced the operation was successful through the investment of USD2.4 million. The solar power plant also includes a battery solar system. Salvador […]
65MW geothermal project in Nicaragua is on track and close to its nameplate capacity
November 8, 2018
In its third quarter results, Polaris infrastructure highlighted the success of its geothermal project, the San Jacinto-Tizate Power Plant in Nicaragua. Polaris Infrastructure, a Toronto-based company, is engaged in the operation, acquisition and development of renewable energy projects in Latin America. The power plant saw a 14% revenue increase from last year, and generation of […]
Nicaragua’s electrification rates doubled in a decade
September 12, 2018
The Nicaraguan Ministry of Energy and Mines announced their electrification project reached 95% of national coverage. This project is part of the government’s strategy of restoring citizens’ rights by providing essential access to power and electricity. Before 2007, only 50% of households had an energy supply. According to official figures, 64.4% of electricity is from […]
Geothermal plant in Nicaragua reports record-level power generation
August 20, 2018
Last week Polaris Infrastructure announced its Q2 2018 results, reporting record-level power generation in the San Jacinto-Tizate Power Plant in Nicaragua. The project generated 139 GWh, resulting in a revenue of US$17.7m during the quarter. In comparison to 2017 reports, this growth represents an 11% increase in revenue which was due to higher average production […]
IDB to invest US$ 20m for renewables projects in Nicaragua
August 1, 2018
A fund of US$20m will be given to Nicaragua from the Banpro Group Promerica and IDB Invest, the private institute of the Inter-American Bank, in the next five years. This investment has the objective to expand the finance of Green Projects from Banpro, by financing projects that promote energy efficiency, renewables, and climate smart-agriculture initiatives. […]
Nicaragua is bringing electricity to rural communities
August 1, 2018
The National Electrical Transmission company in Nicaragua (Enatrel) has inaugurated ten projects in the month of July alone, which aim to bring clean electricity for rural communities across the country. This project has already benefited 2,700 residents and has led to the construction of 25.13 km of transmission line with an investment of approximately USD […]