Copalar Bajo is a 150MW hydro power project. It is planned on Grande de Matagalpa river/basin in South Caribbean Coast Autonomous Region, Nicaragua. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2026.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 150 | – | 150 | Announced | South Caribbean Coast Autonomous Region, Nicaragua | Empresa Nicaraguense de Electricidad; JOM Energy; Placonsa |
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Description
The project is being developed by Empresa Nicaraguense de Electricidad, JOM Energy and Placonsa. The project is currently owned by Empresa Nicaraguense de Electricidad.
The project is expected to generate 568 GWh of electricity. The project cost is expected to be around $213m.
The hydro power project consists of 3 turbines, each with 50MW nameplate capacity.
Development Status
The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2026.
About JOM Energy
JOM Energy (JOM) focuses on developing renewable energy projects. JOM is headquartered in Nicaragua.
About Placonsa
Placonsa SA (Placonsa) specializes in providing residential and commercial construction services. Placonsa is headquartered in Spain.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
