Delay in Panamanians Wind Projects

Funding pledged by international banks hit by the global financial crisis must be replaced by other sources of capital.

Monday, June 1, 2009

In other cases, the government has denied the necessary operation permits due to breach of requisites.
Actions by environmentalists, who want to prevent the use of the Santa Fe National Park for a wind farm, claiming "ecological fragility" of the area have also influenced in the delay.

The article in Prensa.com noted that: "ASEP has already awarded a license to two companies for wind power. These are Generadora Eólica del Caribe, SA, to build the project on Mount Delgadito in Verguas, with the capacity to generate 19.5 megawatts, and Southern Energy Wind for the Alto de Piedra project in Veraguas, generating 18 megawatts."

More on this topic

Panama: Wind Power Blows Strong

January 2016

On January 1st, the Penonomé wind farm produced a fifth of all domestic electricity generation, or 5.1 GW/h.

According to the Electric Transmission Company, SA (Etesa), the Penonomé wind farm in the province of Cocle, broke the record for energy production on the first day of the year, after reaching an operating capacity of 197.5 megawatts (MW), 21.7% of the national requirement .

Honduras: 50 MW Wind Farm

November 2014

The company Vientos de Electrotecnia has started testing its wind turbines at the plant in San Marcos, Choluteca, and projects that the formal start of operations will be in the first half of December.

With a total investment of $140 million the wind farm in San Marcos will produce 50MW using 25 wind turbines of 2 MW each.

Ex-Im Bank Finances Expansion of Cerro de Hula Wind Farm

March 2013

The $28.6 million loan granted to Energía Eólica de Honduras S.A. will increase the generating capacity of Cerro de Hula to 126 MW.

The terms of the loan include the assembly of new wind turbines being the responsibility of 200 North American workers from the state of Pennsylvania.

Honduras: 102MW Wind Farm Contract Awarded

August 2010

A consortium formed by Gamesa and Iberdrola has been awarded the Cerro de Hula wind farm construction project.

Gamesa makes up 76% of the consortium and Iberdrola Engineering and Construction the remaining 24%. The project is for Mesoamérica Energy, a renewable energy company, via its local Honduran subsidiary, Energía Eólica.

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