CHINA AND NICARAGUA AGREE TO EXECUTE SOLAR
The project adopts supercapacitor hybrid energy storage assisted frequency regulation technology, consisting of 60 sets of 3.35 MW/6.7 MWh battery energy storage systems and 1
The regulatory entities for the electricity sector in Nicaragua are: The Ministry of Energy and Mines (MEM), created in January 2007, replaced the National Energy Commission (CNE). The MEM is in charge of producing the development strategies for the national electricity sector.
In 2003, the CNE elaborated the "Indicative plan for the generation in the electricity sector in Nicaragua, 2003-2014", which aims to provide useful insight for private investors to orient their decisions on technologies to implement in the country.
Financing sources for rural electrification are limited. The National Fund for the Development of the Electricity Industry (FODIEN) receives its resources from the concessions and licenses granted by the Nicaraguan Energy Institute (INE). However, funds have been insufficient.
The hybrid energy storage system combined with coal fired thermal power plant in order to support frequency regulation project integrates the advantages of “fast charging and discharging” of flywheel battery and “robustness” of lithium battery, which not only expands the total system capacity, but also improves the battery durability.
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