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Nicaragua announces 4 billion dollar renewable energy investment plan
The Government of Nicaragua is projecting to attract 4 billion dollars in investment to finance various renewable energy projects over the next fifteen years. The Minister of Energy and Mines, Emilio Rappaccioli said these investments will generate 253MW of hydroelectric power; wind 300MW; geothermal 100MW; and solar 100MW. The Nicaragua Plan is to increase the share of renewables to 90% of the national energy matrix by 2020.