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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Ibernisa conducts a study to identify optimal areas for construction of small hydro power plants.
After having identified the areas, the Executive Committee of Rio Lempa (CEL) will begin studies for construction of small hydroelectric dams, which together will generate 20MW.
In a period of no more than four years the Government has set to have the hydroelectric dam on Rio San Juan built.
With a $ 600 million investment, the Brito Project will become the largest source of electricity generation in the country by the year 2015, with a capacity of 250 megawatts.
The $200 million renewable energy project in Quiché, Guatemala, is now operational.
The Hidroxacbal hydroelectric project will be managed by the Honduran group Terra and will contribute 94 megawatts to the Guatemalan power grid.
"Fredy Nasser, Terra Group president, said that the investment is one of the largest sources of energy in the region and a crucial element of the country's hydroelectric development," reports Prensalibre.com.
22 new energy generation projects are planned for the next four years.
They will add 1.061 MW to the country’s power grid, an 87% increase over Panama’s current energy generation capacity (1.208 MW).
“The focus will be put on hydroelectric power generation projects, in which $1.73 billion will be invested”, reported Panamá América.