Nicaragua on the Rise as Next Leader in Renewable Energy
The Central American country of Nicaragua could be the next big leader in renewable energy. The country has recently received praise for its aggressive energy policies, as well as its drive to foster renewable energy projects.
When visiting a wind park on Lake Nicaragua, U.N. Secretary Ban Ki-moon called the park “very impressive.” He went on to say that Nicaragua “has vast potential of renewable energy resources—solar, wind, you have very strong, constant wind, and geothermal and hydro. You are quite lucky.”
All of this is made more impressive by the fact that only 10 years ago, the country suffered from rolling blackouts regularly.
“We were facing power rationing of up to 12 hours a day,” Lizeth Zuniga, executive director of the Renewable Energy Association of Nicaragua, said.
High oil prices made energy accessibility a bit difficult for the country, so in 2005, the government created incentives for renewable energy companies. They were given tax holidays, as well as free import of machinery.
“We were going to move from around 80 percent dependency on oil for our energy to around 80 percent dependency on renewables over the course of a 10-year period,” Javier Chamorro, head of export promotion agency ProNicaragua, said.
Investments flowed steadily into the country and Nicaragua’s renewable energy sector took off.
“They have made extraordinary headway,” Steven Scott, Ram Power’s investor relations chief, said. “Nicaragua has been known for many years as the land of lake and fire, and that translates into hydro and geothermal.”
Last year, 51 percent of the country’s energy came from renewable sources, and the goal is to reach 74 percent by 2017, and 90 percent by 2020.
What’s important to note, though, is the country still has massive renewable energy potential and is ripe for investors to make the stated goals a reality.
UK Nissan fleet owners receive commercial charging service
UK fleet owners of Nissan Leaf and e-NV200 models can avail of a new commercial charging service using vehicle-to-grid (V2G) technology.
The V2G technology developed by DREEV, which is a joint venture between EDF and Nuvve, which specialises in V2G technology, allows for two-way energy flow; both recharging an EV’s battery when electricity is at its cheapest, and discharging excess energy to sell back into the grid.
Fleet customers will save around £350 savings per charger each year, which equates to approximately 9,000 miles of driving charge per year.
EDF’s V2G business solution includes:
The supply and installation of a two-way connected compact 11kW charger capable of fully charging a Nissan LEAF, depending on the battery model, in 3 hours and 30 minutes - 50 per cent faster than a standard charger - with integrated DREEV technology.
A dedicated DREEV smart phone app, to define the vehicles’ driving energy requirements, track their state of charge in real time, and control charging at any time
Philip Valarino, Interim Head of EV Projects at EDF, said today’s announcement marks an important step on the UK’s journey towards electric mobility. "By combining the expertise and capabilities of EDF, Nissan and Dreev we have produced a solution that could transform the EV market as we look to help the UK in its journey to achieve Net Zero," he said. “Our hope is that forward-thinking businesses across the country will be persuaded to convert their traditional fleets to electric, providing them with both an environmental and economic advantage in an increasingly crowded market.”
Andrew Humberstone, Managing Director, NMGB, said Nissan has been a pioneer in 100% electric mobility since 2010, and the integration of electric vehicles into the company is at the heart of Nissan's vision for intelligent mobility.
He added the Nissan LEAF, with more than half a million units already sold worldwide - is the only model today to allow V2G two-way charging and offers economic opportunities for businesses "that no other electric vehicle does today". Click here for more information.
FirstEnergy Corp, which aims to electrify 30% of its approximately 3,400 light duty and aerial fleet vehicles by 2030, has joined the Electric Highway Coalition. The group of electric companies, which has grown to 14 members, is committed to enabling long-distance EV travel through a network of EV fast-charging stations connecting major highway systems.
The Edison Electric Institute estimates 18 million EVs will be on US roads by 2030. While many drivers recognize the benefits of driving an EV, some are concerned with the availability of charging stations during long road trips. Through their unified efforts, the members of the EHC are addressing this "range anxiety" and demonstrating to customers that EVs are a smart choice for traveling long distances as well as driving around town.
Volta Industries has installed new charging stations at Safeway in Upper Marlboro, Maryland, and Renton, Washington.