Soventix- Nicaragua Solar PV Park is a 100MW solar PV power project. It is planned in Nicaragua. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 100 | – | 100 | Announced | Nicaragua | Soventix |
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Description
The project is being developed by Soventix.
Soventix- Nicaragua Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $153.277m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Soventix
Soventix GmbH (Soventix) is a renewable energy company. It develops and constructs solar plants and hybrid plants. The company’s services include planning and development, financing and management, and service and operations. Its projects include Excelsior Foods, Essa Public School, 40 Holtby, Seaboard, Residential Rooftop, East Start, Grain Store, Warth Park, and Langley Park, among others. Soventix operates projects in Caribbean, Chile and South Africa, among others. The company caters to institutional investment companies. It operates through its offices in Germany, Canada South Africa, Ukraine, the US, the UK, Chile, and Malaysia. Soventix is headquartered in Wesel, Germany.
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.
