Nicaragua

Laws No. 532 and amending laws 901, 967 and 1037 - on the promotion of electricity generation with renewable sources

Legislative

Law

Passed in 2005

The Law no. 532 was passed in 2005 to promote electricity generation from renewable energy in the country. Sustainable biogas and biomass sources are included in the definition of renewable energy. Fiscal, economic and financial incentives that contribute to the development of renewables are adopted.

In 2015, the Law no. 901 amended Law no. 532 in order to ramp up new projects by increasing fiscal incentives. The Law no. 967, published on December 7th, 2017, extends the fiscal incentives to the extension of existing plants and the realisation of new projects to January 1st, 2023.

On September 8, 2020, law no 1037 was adopted to amend energy prices and fees.

Documents

Link to amending law 1037 on official website (Spanish)
Full text (Spanish)