Hydroelectric plants rehabilitated and modernized, with the support of CABEI
The project reduces the dependence on non-renewable energy in Central America, the amount of financing amounts to US$ 25.4 million.
Managua, July 3oth, 2020.- Boosting growth in the region has been the main mission of the Central American Bank for Economic Integration (CABEI), promoting initiatives that support economic development. A clear example in Nicaragua is the "Proyecto de Rehabilitación y Modernización de las Plantas Hidroeléctricas Centroamérica y Santa Bárbara"(Rehabilitation and Modernization Project of the Central America and Santa Bárbara Hydroelectric Plants) (now Carlos Fonseca), which is 95% complete, allowing the generation of reliable, renewable, and clean energy.
The hydroelectric plants, with more than 50 years of existence that were modernized thanks to the financing of the multilateral, are the most important in Nicaragua, both have a generation capacity of 100 Megawatts, representing 12.5% of the installed capacity of the annual generation of energy to the National Interconnected System (SIN).
The modernization contemplated, the installation of the international technological Supervisory Control And Data Acquisition (SCADA) system; its main action is the monitoring and control of the hydroelectric plants to obtain real time data.
Also, the Bypass system at the Central American Hydroelectric Plant was improved to ensure power generation at the Larreynaga and Santa Barbara (now Carlos Fonseca) Hydroelectric Plants. Likewise, the Asturias Pumping Station was rehabilitated and incorporated into the SCADA system, which facilitates remote monitoring from the control room of the Central America hydroelectric plant.
The projects strengthen the electromechanical components and control equipment in the plants, incorporating cutting-edge technology that guarantees hydroelectric generation for another 25 years.
With its financing through the energy and environmental sustainability focus, CABEI develops programs and projects that favor social appropriation and meet the need to preserve the environment.