WASHINGTON DC (Commodity Online): Nicaragua secured its commitment to green energy technology by awarding a 30-year license for wind farms in the country, advocates said.

The Nicaraguan Ministry of Energy and Mines granted Nicaragua's Blue Power & Energy a 30-year license for a 22-turbine wind farm that could produce 39.6 megawatts of electricity.

PRO Nicaragua, a non-profit economic advocacy group which has offices in Washington, notes that Nicaragua has the potential to generate 800 megawatts of power from wind energy, which represents about 17 percent of the current renewable energy potential for the country.

The Nicaraguan government in 2008 and 2009 awarded several wind energy licenses to bring to the total installed capacity to 100 MW. "This demonstrates the government of Nicaragua's commitment in working actively to promote renewable energy projects in the country in pursuit of transforming the current oil-based energy generation matrix," said the advocacy group.

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