These projects will provide about 250 megawatts of renewable energy.
The Venezuelan-Nicaraguan firm has already been granted permission to conduct feasibility studies to develop two projects for power generation using biofuel.
"It is also conducting feasibility studies in the Rivas area, where it has already built the wind farm Alba Vientos, which will have an estimated production capacity of 80 megawatts, provided by two 40 megawatt plants, and which will begin operations in September 2012. This required an investment of $90 million", according to an article on Elnuevodiario.com.ni.
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Of the 80 hydroelectric projects approved four years ago by the Honduran Congress only four are in operation and seven others are just starting to be built.
According to Roberto Cardona, Secretary of Natural Resources, "the recent installation of a working group for renewable energy which integrates potential local and international financial institutions and international cooperation agencies is an option to advance in the construction of hydroelectricity stations" , reports Laprensa.hn.
Delays in the construction of 45 power plants which have already been awarded are mainly due to social issues and permits.
According to Edwin Rodas, Deputy Minister of Energy, 40% of these projects have been delayed because of financial issues, social problems and lack of permits for easements. Starting May 2015 these plants will have to supply power to Energuate and Empresa Electrica de Guatemala SA (EEGSA).
Two turbines will be added to the 5 de Noviembre hydroelectric station, which means an extra 80 megawatts going into the country's energy network.
"The installed generation capacity at the 5 de Noviembre station is 100 MW and it will produce 180 MW by the end of the 2016 deadline for completion of work, informed the Executive Committee of the Rio Lempa (CEL)" according to an article in Laprensagrafica.com.
With an investment of $188 million and a generation of 46 megawatts, the Toro III Hydroelectric Plant will be inaugurated tomorrow , in San Carlos, Alajuela, Costa Rica.
The work, which took five years to complete, was conducted through a strategic alliance between the Instituto Costarricense de Electricidad (ICE) and the Junta Administrativa de Servicios Eléctricos de Cartago (Jasec).