Nicaragua secures hydroelectric power generation with CABEI backing
The modernization of the Centroamerica and Carlos Fonseca plants replaced electromechanical equipment that was more than 50 years old.
Managua, November 30, 2021.- The generation of reliable, renewable and clean energy from water is assured for 25 years in Nicaragua following the successful completion of the "Rehabilitation and Modernization Project for the Centroamérica and Santa Bárbara Hydroelectric Plants" - now Carlos Fonseca - financed by the Central American Bank for Economic Integration (CABEI).
The works included the modernization of electromechanical equipment and control centers that were already more than half a century old, incorporating state-of-the-art technology and a real-time monitoring and control system for the hydroelectric power plants, which have a total generation capacity of 100 megawatts (MW), representing 12.5% of the installed capacity of the annual power generation of the National Interconnected System (SIN).
"As the Green Bank of Central America, we continue to promote initiatives that support sustainable economic and social development. On this occasion, we are very pleased to culminate such an important stage for the country as guaranteeing energy from a renewable source," emphasized CABEI Executive President, Dr. Dante Mossi.
In addition, he explained that work was carried out to improve a Bypass system at the Central America Hydroelectric Plant to ensure power generation at the Larreynaga and Carlos Fonseca hydroelectric plants, as well as the modernization of a pumping station.
In addition to this important initiative, CABEI also contributes to the well-being of 4.5 million people by executing other works in the energy sector, such as the National Sustainable Electrification and Renewable Energy Program (PNESER), Sections A, B and C; Central Substation; Nicaragua's Electricity Sector Sustainability Program; and Nicaragua's Electricity Transmission System Expansion Program.
