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

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

September 5, 2025
Scientists from Germany and Saudi Arabia have discovered that perovskite thin-film cells are compatible with current industry standard silicon solar cells, which they claim is a “crucial step toward the industrialisation of perovskite silicon tandem solar cells”.
September 5, 2025
During a week of major US clean energy developments, ContourGlobal, PSE, Arevon, and Ameren Missouri advanced solar projects across four states in the US.
September 5, 2025
Newly formed firm Solaris Assets has acquired the business operations and assets of Texas-based residential solar installer Sunnova.
September 5, 2025
Research firm Rystad Energy has found that Queensland’s utility-scale solar PV power plants have dominated the best-performing assets, in terms of AC capacity factor, rankings for August 2025.
September 4, 2025
India’s Goods and Services Tax (GST) Council, the joint forum of the Centre and States, has reduced the GST rate on renewable energy components from 12% to 5%. 
September 4, 2025
The Czech national cybersecurity agency has warned that Chinese solar inverters represent a threat to the country’s data security.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines