The permits were granted to Hidroeléctrica Piedra Puntuda S.A. and to Energía Tropical Sostenible Cerro Frío S.A.
"The first permit is for project Piedra Puntuda, which will build a hydropower plant with an installed capacity of 15 megawatts at Mico River, in the municipality of Muelle de los Bueyes, in the Southern Caribbean ... The second permit is for Las Cañas Hydroelectric Plant, in the northern province of Matagalpa and includes the construction of a hydroelectric plant of 1.47 MW of installed capacity, which will use the Yasica river, affluent of the Tuma River ... " states the article in EFE.
The award was given to the company Macano II Hydroelectric for the construction and operation of a 4.15 MW hydroelectric plant called RP-550, in the province of Chiriqui.
From a statement issued by the National Authority of Public Services:
"...FIRST: AWARD to the business HIDROELÉCTRICA MACANO II, S.A., registered in the Listing 833362, Document 2597272, of the Microfilm Section of the Public Commercial Registry of Panama, Rights to Concession for the construction and operation of the hydropower plant called RP- 550, which use the waters of the River Piedra, located in the village of Paraiso and Guayabal and district of Boqueron, Chiriqui Province, with an installed capacity of 4.15 MW. "
The grant is for the construction and operation of a hydroelectric station of 4MW known as Analida in the province of Cocle.
From a statement issued by the National Authority of Public Services Panama:
"...FIRST: AWARD to the company HIDROELÉCTRICA RÍO CHICO, S.A., registered on Listing 833361, Document 2597265, in the Mercantile Microfilm Section of the Public Registry of Panama, rights to a concession for the construction and operation of the hydropower plant called Analida, using the waters of the river Chico, located in the village Las Huacas, Capellania and La Toza, District of Nata, Cocle Province, with an installed capacity of 4 MW. "
Although the cost per MW has not yet been defined, the government of Nicaragua has signed a construction contract with the Brazilian consortium and announced that work will begin in the first quarter of 2015.
After several failed attempts to start construction of the hydroelectric dam Tumarín, the government announced that it has reached an agreement with the consortium Eletrobras and Queiroz Galvao to start work in the first three months of 2015.
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AES Panama is the largest electricity generation company in Panama, in terms of installed capacity as well as delivered energy.
AES Panama is a subsidiary of AES Corporation, with headquarters in Arlington, Virgina, United States, and holds the 49% of shares in the operations of this generating company.
Since late 2007, AES Panama owns four hydroelectric plants with an installed capacity of 482 Megawatts: Bayano (260 MW), Estí (120 MW), La Estrella (47.2 MW), and Los Valles (54.8 MW).
Our main clients are the three energy distribution companies in Panama: Elektra Noreste, S.A., Empresa de Distribución Eléctrica Metro-Oeste, S.A., and Empresa de Distribución Eléctrica Chiriquí, S.A., which represent the 95% of the company’s energy sales. The remaining 5% corresponds to energy sales to Great Costumers, which are businesses with monthly energy consumption greater than 100 kilowatts.
Operates in Panama
Phone: (507) 206-2652