Nicaragua plans expansion of geothermal exploration

Nicaragua is likely blessed with the largest geothermal potential of all the countries in Central America. But with an installed capacity of 109 MW, Nicaragua is lagging behind its peers Costa Rica, Guatemala and El Salvador.

Recently announced funding by the Inter-American Development Bank of $51 million will be helping the country to expand exploration in the Cosigüina volcano. This is though seen as only a first step into the bigger efforts of the country to expand its renewable energy matrix.

Source: Think Geoenergy