Soventix in talks to deploy 100MW solar project in Nicaragua

August 2, 2019
Facebook
Twitter
LinkedIn
Reddit
Email
Nicaragua's progress with solar comes after the World Bank dubbed the country a

Soventix has been singled out by the Nicaraguan government as the potential developer of a major solar project, the latest in a series of PV moves by the Central American state.

In a statement this week, Energy minister Salvador Mansell Castrillo described meetings to hammer out a memorandum of understanding (MoU) with Soventix for a 100MW solar project.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

The scheme, planned in Nicaragua’s west, will use an existing substation – Malpaisillo – that was originally meant to service geothermal and hydro developments, Mansell Castrillo said.

“Now that the conditions are improving for solar PV, we’re already prepared to welcome that energy into the system,” the minister added.

As Mansell Castrillo noted, the utility-scale solar project is just the latest of a recent series in Nicaragua, a country branded a “paradise” for renewables by the World Bank.

According to the minister, the separate 100MW San Benito project contracted to Spanish investor EPR Solar is clearing various administrative stages, with plans to build a first 50MW batch.

The 170,000-panel complex, planned a 45-minute ride northeast from capital Managua, will be linked to a substation that is to be expanded to accommodate the PV capacity.

The utility-scale duo will, if delivered with the currently planned size, significantly outsize Nicaragua’s existing PV plants including 2.5MW Corn Island and 12MW Puerto Sandino.

The government is also working to bolster the small-scale, domestic solar segment servicing Nicaragua’s remote coastal and island regions.

As an example, minister Mansell Castrillo noted plans to install 74.25kW of PV alongside a diesel generator on the Rama Cay island, to power 138 households from the fishing community.

Read Next

November 28, 2025
The EBRD will invest in a 531MW solar PV portfolio in Romania from Israeli renewables company Nofar Energy.
November 28, 2025
The European Patent Office (EPO) has revoked a patent for a key solar cell manufacturing process, which has been hailed as “good news” for European solar PV manufacturing.
November 27, 2025
The World Bank will invest in a huge 4GW, 5.12GWh solar-plus-storage complex in Malaysia, which will form part of a pan-Southeast Asian power grid initiative.
November 27, 2025
The Solar Stewardship Initiative (SSI) and the Copper Mark have signed an agreement to pursue “responsible production and sourcing of copper across the solar energy value chain”.
November 27, 2025
A group of California legislators has called on the state Public Utilities Commission to hold two utilities accountable for delays in connecting solar PV and energy storage capacity to the grid.
November 26, 2025
Module shipment and pricing patterns in Europe bear resemblance to last year’s oversupply, which resulted in substantial losses for many industry players, writes Filip Kierzkowski

Upcoming Events

Solar Media Events
December 2, 2025
Málaga, Spain
Upcoming Webinars
December 4, 2025
2pm GMT / 3pm CET
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 24, 2026
Dallas, Texas
Solar Media Events
April 15, 2026
Milan, Italy