Vestas received an order for the manufacture of 22 generating units of 1.8 MW each, for the wind project ‘La Fé’ (The Faith), which will generate 40 MW of energy and will be located in San Martin, Nicaragua.
The contract also includes maintenance of the turbines for five years and an operating system known as ‘Vestas Online Business SCADA’ which will start working when the plant starts operating.
The turbines are expected to be ready this year and to come into operation during 2012.
In a statement from Vestas, Joaquin Cuadra L, President of Blue Power & Energy, said "hiring a reliable supplier such as Vestas has helped the financing process, as Vestas provides confidence not only with banks but also with developers. We are very pleased to have Vestas as our wind turbines supplier. "
Source: Vestas
More on this topic
August 2010
With a $10 million investment, the Panama corporation ITP is to build a wind energy manufacturing and maintenance plant.
Maxo Benalal, executive director of Industria Tecnológica Panameña (ITP), indicated the work is scheduled to begin in September.
Panama will become the third Latin American country to receive a wind power equipment manufacturing center after Brazil and Mexico.
February 2011
The Blue Power & Energy Trading Co. is negotiating funding with the IIC for construction of the La Fe-San Martín wind farm.
The proposed wind farm investment involves 22 wind turbines of 1.8 MW capacity each, Vestas V90 type, resulting in a total generating capacity of 39.6 MW per year.
July 2011
Blue Power has signed a financing agreement for $80 million with Bicsa bank, for the completion of the project in Nicaragua.
Once completed, the Blue Power & Energy wind generation farm will be able to generate 39.6 megawatts of clean energy, which corresponds to annual savings of $22 million for the country, according to Emilio Rapaccioli, the energy minister.
March 2011
The Inter-American Investment Corporation approved a loan to Blue Power & Energy for development of the La Fe-San Martín wind farm.
The loan proceeds will enable BPE construction, commissioning and operation of 22 V90 Vestas generators of 1.8 MW each in Rivas, southwest Nicaragua. The wind park is expected to generate 138 GWh of electricity a year, contributing to an increase of over 5% of the country´s electricity consumption.
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