The Gourou Banda Solar Power Station is a 50 MW (67,000 hp) under construction in . This renewable energy infrastructure project is under development by an (IPP), under the (BOOT) model, with support from the (IFC), a member of the , as part of the bank's "Scaling Solar" program. The solar farm, first conceived in 2018, as a 20 meg.
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The "Indicative plan for the generation in the electricity sector in Nicaragua, 2003-2014" does not set any target or legal obligation for the development of renewable resources in the country. However, in April 2005, the government approved Law No. 532., the . This law declared the development and exploitation of renewable resources to be in the national interest and established tax incentives.
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