July 9, 2012 — Nicaragua's government opened a 300 kW hydropower plant in the Waslala municipality in the Atlantico Norte region to supply eight rural communities including Cubali, La Limonera and La Esperanza.
The plant, named La Florida, is part of a project for the construction of small hydropower plants that is supported by the United Nations Development Program in partnership with Switzerland, Norway, the World Bank and other institutions.
The La Florida project received technical assistance and $2.6 million financing for studies, construction, equipment, power grids, sustainable management and environment protection.
Since 2007, Nicaragua's government has installed three small hydropower plants and 20 micro turbines with a total capacity of 1.5 MW. The country wants to supply 80 percent of its power consumption with renewable energy in 2016.