Nicaragua is a country with significant renewable energy potential due to its geographic location and tropical climate. At CENTRAL LAW, we have developed a Guide to the Energy Sector in Nicaragua, highlighting the importance of harnessing this potential to ensure a sustainable and affordable energy supply for all.
The country has taken steps to promote renewable energy production, such as creating a favorable legal and regulatory framework, and implementing incentive policies for renewable energy projects. Additionally, efforts are being made to improve the country’s electrical infrastructure and increase energy efficiency in all sectors.
The guide features wind, solar, geothermal, and hydroelectric energy as the standout renewable energy sources. A detailed analysis of each source is provided, along with the challenges and opportunities associated with its development.
Wind energy is the most important renewable energy source in Nicaragua, contributing about 17% to the national generation total, followed by hydroelectric, geothermal, and solar. Renewable energy generation capacity reached 887 MW in 2020 and is expected to reach 1,000 MW in 2025.
Overall, CENTRAL LAW’s guide to renewable energy generation in Nicaragua is a valuable resource for those interested in the development of this sector in the country. It provides an overview of the current situation and growth opportunities and is a useful tool for investors and companies looking to participate in Nicaragua’s energy transition. As government authorities update statistics, we will update our guide to keep the information as up-to-date as possible.
At CENTRAL LAW, we have an experienced team of lawyers who can advise you in the most diligent and comprehensive manner for the needs of your company.
For more information, please contact us at: info@central-law.com
