|As a contribution to a climate friendly electricity supply and in order to fight energy deficits, the first wind power project of Nicaragua, the “Amayo Wind Power Project”, was developed under the Clean Development Mechanism (CDM).
The first wind farm producing 40 mega watts of electricity was built at a cost of $95 million in the province of Rivas,19 wind turbines of 100 meters tall.
Each of these wind turbines produces 2.1 megawatts, adding that the 40 megawatts that they will produce together will be connected to the national grid and will provide service for 325,000 homes that consume an average of
150 kilowatts per month. the cost of generating electricity with wind is 8.6 cents of a dollar per kilowatt, while with petroleum derivatives it is 18 cents.
This project by the Managua-based U.S.-Nicaraguan company Amayo is partially financed by a loan from the Central American Bank for Economic Integration, or BCIE, for $71.2 million.
Nicaragua’s system for generating electricity currently produces some 500 megawatts, of which 70 percent is generated with bunker fuel and diesel.