Nicaragua’s state utility firm National Electricity Transmission Company (ENATREL) has completed the installation of a 1.38MW PV facility located 12km from the city of Diriamba in Carazo province, Nicaragua.
Managed by the central government through a partnership between the Diriamba municipality and the Ministry of Energy and Mines, the US$12 million solar farm was partly funded by the Japanese government with an investment of US$11.5 million whilst the Nicaraguan government provided the remaining US$500,000.
Construction began in April 2012 and involved the installation of 5,880 PV modules on 2.1 hectares of land. Electricity generated by the facility will be fed into the National Interconnected System (SIN) grid which will supply power to households in La Trinidad.
According to local news site Prensa Latina, the project is in line with the government’s target to generate 80% of its energy from renewable sources by 2017 and 90% by 2026. In 2012, the site reported that Nicaragua generated 40.5% of its energy from renewable sources, helping the country to save around US$228 million in oil costs.