Soventix in talks to deploy 100MW solar project in Nicaragua

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

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

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

May 21, 2025
US PV module manufacturer Silfab Solar has acquired a patent portfolio for back-contact (BC) solar cells from solar research firm EnPV.
May 21, 2025
The US International Trade Commission has voted unanimously to impose AD/CVD tariffs on solar cells from Southeast Asia.
May 21, 2025
Installation of the anchoring system for what has been badged the world’s first floating offshore solar-wind project has been completed.
May 21, 2025
A key Chinese supplier to US tracker manufacturer Nextracker is to list on the Beijing Stock Exchange.
Sponsored
May 21, 2025
Francois Cui, president of LONGi Europe, discusses the Hi-MO 9, the latest in its line-up of high-efficiency back contact PV modules.
Premium
May 21, 2025
ANALYSIS: The language of the Ways & Means Committee tax bill leaves massive uncertainty for US solar manufacturing.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
May 21, 2025
London, UK
Solar Media Events
June 17, 2025
Napa, USA
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 8, 2025
Asia