Nicaragua expects to generate an average of 54 percent of its electricity from renewable sources by the end of this year, the Energy and Mines Ministry said.
"By the end of the current year, Nicaragua will have changed its energy mix to some 54 percent in favor of renewable energies," the ministry said in a statement.
Nicaragua produced more electricity from renewable sources than from conventional energy sources in 2013 for the first time, with renewables accounting for an average of 51 percent on an annualized basis, well over the 41 percent level registered in 2012.
Production of clean energy from the Amayo 1, Amayo 2, Eolo, Blue Power and Alba Rivas wind farms; the San Jacinto Tizate geothermal project; and the Larreynaga hydroelectric power plant, whose construction is expected to be completed this year, is expected to grow in 2014, the ministry said.
The Larreynaga hydroelectric power plant will have a generating capacity of 17 MW, the ministry said.
Nicaragua has set a goal of generating 80 percent of its electricity from renewable sources by 2018, with a target of 90 percent set for 2020, the Energy and Mines Ministry said. EFE