The renewable energy projects are each expected to provide 90 megawatts to the Panamanian national grid.

According to breakbulk.com, “permits for the projects are expected to be approved by December 2011. Construction of the facilities is expected to begin in early 2012, and should take about 18 months. The estimated investments for these projects are US$360 million each”.

Source: Break Bulk

More on this topic

Honduras: 50 MW Wind Farm Starts Operations

February 2015

An announcement has been made of the launch of a wind power generation plant built and operated by the company Terra Energy in San Marcos de Colón, in the department of Choluteca.

The plant has the capacity to generate 50 MW, with 25 wind turbines and is located south of the capital. The project required an investment of $100 million and was completed before the agreed time, three years.

Costa Rica: 49 MW Wind Farm Starts Operation

July 2014

The "Chiripa" park in Guanacaste consists of 33 1.5 MW wind turbines and is operated by the consortium made up of the Spanish firm ACCIONA and Grupo Ecoenergía from Costa Rica.

From a statement issued by ACCIONA Energy:

ACCIONA Energía has put the 49.5 MW Chiripa wind farm into commercial service, the company's first in Costa Rica.pa

Nicaragua: $ 700 Million Investment In Electricity

November 2010

The country will receive over the next seven years a $ 700 million investment in the electricity sector.

With support from international organizations it will develop hydro and wind projects as well as expansion and modernization of the country's transmission system, among others.

Panama to Invest $ 4.377 Million in Energy

November 2010

The number includes the total investment for the electricity sector between 2010 and 2015.

The $ 4,377 million represents 22.5% of the gross domestic product (GDP) in 2009.

"The bulk will be hydro generation with $ 2.655 million with a contribution to the electrical grid of about 841 megawatts, half the country's current installed capacity," published Prensa.com.