Amayo II wind project includes 11 Suzlon S88 wind turbines 2.1 MW, 50Hz and is capable of generating a total of 23.1 MW of electricity. Combined with wind project Amayo I (which has 19 turbines), the two phases have a total capacity of 63.0 MW, representing almost 10% of the installed capacity available. The project is located in Rivas, a great place due to its high winds, with access to transmission lines which run along the southwest coast of Nicaragua in the Pacific. The generation of both phases is fully contracted by a long term 15-year PPA signed with local electricity distribution companies Disnorte and Dissur.
Unión Eólica has installed the first of 88 turbines on its wind farm in Penonomé in Cocle, in which it will be investing $450 million.
From a press release from the Government of Panama:
For the first time in the history of Panama the first wind turbine has been installed marking the start of the assembly of the Parque Eólico Penonomé as announced at a ceremony attended by President Ricardo Martinelli, who said that thanks to the decision of this government, they have chosen to diversify the country's energy matrix, as exemplified by the installation in this region for the production of cheaper energy, benefiting Panamanians by reducing the costs of the basic food basket.
Energy multinational AEI acquired 47.5% of wind farms Amayo I and II, which output 63MW of clean energy.
AEI bought a 47.5% stake in both the Amayo I and Amayo II wind farms from Texas-based Arctas Capital Group, AEI said in a written statement. It then bought an additional 47.5% interest in Amayo II from Guatemalan firm Centrans Energy Services.
The Ministry of Energy and Mines granted an energy generation license to Amayo Consortium, in order to resume the II phase of their wind energy project.
This project could begin operating in 2010, after a $55 million investment.
"An investigation by newspaper La Prensa suggests that the Government was previously blocking the development of project Amayo II, in favor of another similar project, carried out by company Eolo S.A.", reports Laprensa.com.ni.
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