Panama: Two Hydroelectric Projects Awarded

With a $290 million investment Electron Investment S.A. (EISA), will build projects Monte Lirio and Pando in Chiriqui.

Thursday, September 30, 2010

Italian company SELI Tecnologie will be responsible for the construction of the tunnel boring machines, excavation and monitoring.

Pa-digital. com.pa states in their article that "The Spanish-Panamanian EISA chose SELI because of its experience in development of large tunnel projects in complex working conditions."

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Guatemala: License for 18 MW Hydro

November 2015

Authorization has been given to Hydroelectric Esmeralda SA to build and operate for 50 years a hydroelectric plant with an installed capacity of 18 MW, in the department of Alta Verapaz.

Ministerial Agreement 301-2015 by the Ministry of Energy and Mines in Guatemala:

Article 1.

Panama: Contract Renegotiated for Hydroelectricity Station Chan II

December 2014

The renegotiation of the terms of the contract between the state run Panamanian electricity company and the construction company Odebrecht has delayed completion of the document, which it is estimated will be ready in the coming weeks.

According to authorities at the Electric Transmission Company SA (ETESA) the delay in signing the contract was due to the fact that , "...

Mini Hydropower Station in Authorized in Panama

April 2013

The National Authority of Public Services has authorized Darrin Business SA, to construct and operate a run-of-river hydroelectric station in the Chiriqui province.

From information published by the National Authority of Public Services (ASEP) in Panama:

GENERAL ADMINISTRATOR, in exercise of its statutory powers, RESOLVES:

Panama: $1049 billion for Hydropower Station Chan II

May 2014

GDF Suez and Enel Green Power did not submit bids and in the end the 50 year concession of Changuinola II went to the only remaining contestant, Oderbrecht Energy.

The financial offer made by the Brazilian company for the 213 MW hydro station exceeded, by $419 million, the cost of the Chan I plant, whose generating capacity is similar and which also uses the Changuinola river as a common source.

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