Green Power Biomass Power Plant
Sector: Biomass • Location: Nicaragua
Source: World Bank Group
The Nicaraguan company Corporacion Montelimar announced the development of a 38-MW sugar cane residue fueled power plant in Nicaragua. The power plant output represented 5% of the country's electricity demand in 2016.
The sponsor established the special purpose company Green Power S.A. to lead the project. Green Power signed 15-year power purchase agreements with the distribution companies Disnor
- Status
- Prospective
- Sector
- Biomass, Commercial, Power Generation (CCGT), Government
- Location
- Nicaragua
- Updated
- 22 Jul 2026
- Source
- World Bank Group
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Project Information
Participants
Sponsoring Agency |
Status
Original status | active |
Taiyo status | Prospective |
Taiyo last update | 2026-07-22 |
Contact
| Not available for this record. |
Description
Description | The Nicaraguan company Corporacion Montelimar announced the development of a 38-MW sugar cane residue fueled power plant in Nicaragua. The power plant output represented 5% of the country's electricity demand in 2016. The sponsor established the special purpose company Green Power S.A. to lead the project. Green Power signed 15-year power purchase agreements with the distribution companies Disnorte and Dissur. The project's investment was estimated at US$ 76 million. Construction works commenced in 2014, and commercial operations began in April 2016. |
Original sector | Energy |
Budget |
Location
Country | Nicaragua |
Source
Source | World Bank Group |
URL |
More Details
Record type | Project |
Sector | Biomass, Commercial, Power Generation (CCGT), Government |
Article published date | 2024-06-04 |
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