Panama: Hydroelectric Projects Exceed $1.35 Billion

The 15 hydroelectric projects currently under construction in Panama have a value of $1.35 billion, and they will increase the installed capacity by 600 kilowatts.

Tuesday, April 21, 2009

As reported by the Authority of Public Services (ASEP), the majority of the projects are being developed in Chiriquí and Bocas del Toro, on rivers with large flow.

The 223-kilowatt Gavilán hydroelectric being developed by the AES Changuinola US consortium is the most important one with an investment of $502 million. Next in importance are the Gualaca, Prudencia and Lorena projects by the GDS Suez Energy Central America Company, valued at $250 million.

The article in noted that there "are also other smaller projects in various provinces of the country, of which no details were given. ASEP said that the energy in these mega energy projects underway should be concluded by 2013 at the latest."

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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:

Panamanian Electricity Sources

April 2011

41% of the country's energy comes from hydroelectric plants.

The central dispatch office for Panama's electricity distributor, Etesa, released the figures relating to energy production and consumption on its website.

An article by indicates that, "37% of conumers' energy is produced by diesel and bunker, 9.4% is self-generated and 1.4% is imported from elsewhere in Central America.

$800 Million for Salvadoran Hydroelectric

June 2009

The Government of South Korea pledged $800 million to finance El Cimarrón hydroelectric dam.

The chairman of the Executive Committee of the Lempa River Hydroelectric (CEL), Nicolás Salume, announced that a study will be done regarding the financing structure offered since there are other countries interested in investing such as Mexico, Italy, Spain and Brazil.

Nicaragua studies the construction of small hydro dams

July 2008

The government will undertake feasibility studies to analyze the construction of micro dams in the Caribbean region, which is not currently served by the Spanish energy company Unión Fenosa.

These studies will be funded with 100.000 euros provided by the Energy and Environment Alliance of Finland and Austria, with a counterpart funded by the government of Managua.

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