No problem about the delayed response @Rodri
Hope you had a nice break. 
Okay, it took me a little while, it eventually worked; I tried the following:
Uninstall penguin.
I don’t have the option to right-click run as administrator on msi files.
So I tried the following
Reinstall penguin 2.0 using the following in the command line:
msiexec /i c:\Users*deleted*\Downloads\penguin\Penguin.msi
[renamed to penguin.msi, to save myself typing “Penguin20_Release EVAL_SR4_x64.msi” in the command line, because I already know copy/paste often doesn’t work there. But that shouldn’t have changed anything…
]
deleted for a bit more secuirty over the net.
Before that I also tried
msiexec /a c:\Users*deleted*\Downloads\penguin\Penguin.msi
Delete only the penguin entries in registry.
Uninstalled Rhino.
Reinstalled Rhino 5 using right-click “run as administror”.
Running “Rhinoceros 5 (64-bit)” as administrator.
That is a shortcut on desktop, so I also tried running “Rhino.exe” as administrator.
No luck there.
Penguin installs to:
C:\Program Files\Penguin 2.0
At least I found out it does load Rhinoceros 5 (64-bit) if I run “Penguin.rhp”
But it won’t stay there the next time I run rhino.
Penguin does work on my laptop with Rhino 5, and stay put, but I never use rhino on my laptop as it’s a 13" 1920x1080p screen compated to a 27" 5120x2880. No comparison. It’s just there as a backup in case my main computer completely fails.
At least I have solved another problem I was having, which is that FlamingoNXT (kept appearing as a plugin even though that was uninstalled many times over)
Finally! I think it was just a case of enabling the penguin selecting the plugin checkbox in the rhino > options > plugins
I should have checked this first. .