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

November 5, 2026
Sunrun reports 5GWh of networked storage capacity in the third quarter of 2026, while solar additions reached 204MW.
November 5, 2026
IB Solar has signed an MoU with three German companies to develop a 2GW TOPCon solar cell manufacturing line at its facility in India.
November 5, 2026
Essar Renewables has signed a PPA with NHPC Limited for a 300MW firm and dispatchable renewable energy (FDRE) project in Andhra Pradesh.
November 5, 2026
EDP Renewables North America has begun work on its 250MW Cypress Knee Solar project in Arkansas, which will eventually supply power to tech giant Meta.
November 5, 2026
Tristan Erion-Lorico and Song Hao of Kiwa PVEL examine the negative consequences of overreliance on module nameplate power ratings for PV project economics.
November 5, 2026
Inverter and energy storage manufacturer SolarEdge has reported Q3 2026 revenue of US$326.1 million, down 5.8% from Q2 and 4.1% year-on-year.

Upcoming Events

Solar Media Events
November 24, 2026
Warsaw, Poland
Solar Media Events
February 2, 2027
London, UK
Solar Media Events
April 20, 2027
Istanbul, Türkiye