Local authorities announced plans to build in the province of Colon the Gatun Generating Station, an energy complex that will operate with liquefied natural gas and will require a $1,000 million investment.
The morning of June 1, President Laurentino Cortizo Cohen explained that this project will require a foreign investment from Group Energy Gas Panama, a consortium formed by InterEnergy Group and AES Panama.
According to the Panama Canal Authority, NG Power only has permission to build a 130 MW plant, so it will have to go through a new procedure if it expects to develop the 670 MW plant, as planned from the beginning.
The permit requested by Panama NG Power and approved by the Canal Board in 2011, is for two generators of up to 45 MW each and a third steam generator of up to 40 MW, which together total 130 MW.
The U.S. government approved up to $350 million to finance part of the construction of the liquefied natural gas (LNG) power generation plant EDP in Acajutla, El Salvador.
The U.S. government, through the Overseas Private Investment Corporation (OPIC), approved the financing on March 20, 2019, according to the U.S. Embassy in El Salvador.
In El Salvador, Energía del Pacifico has announced that it has met the requirements to obtain financing, and that it will start construction of the plant in the third quarter of the year.
The 380 MW natural gas plant being built by AES in Colon, Panama, is currently 30% complete and the start of operations remains scheduled for 2018.
The plant, whose construction started in May last year, will have three generators, three gas turbines and one steam turbine, reaching a total installed capacity of 381 MW.
The 380 MW natural gas plant to be built by AES in Panama promises to change the country's energy matrix, and the way energy is generated and distributed in Central America.
The economic flow that has already started with the construction of the gas plant in the province of Colon will be felt not only in the energy sector in Panama, which could become an energy generating and distribution hub in the region, but also in other productive sectors that will benefit from greater stability in energy costs and generate greater dynamism in logistics and shipping.
Energía del Pacífico could be contracting Shell to supply natural gas to the future 355 MW power station.
The company Energía del Pacífico won the tender for the supply of 355 MW using a generator based on natural gas which is to be built in Acajutla. A capitalization agreement was recently announced with Invenergy, a global company dedicated to clean energy, but on the website of the US company that agreement has not yet been confirmed.
AES has announced that in early 2016 it will start construction of a 381 MW power plant based on natural gas in the province of Colon.
The power generated at the plant will be distributed according to the terms of the newly awarded contract for 350 MW to Gas Natural Atlántico, a subsidiary of AES Corporation. Although the contract is for 350 MW, the plant will have capacity to generate 381 MW.
A tender has been launched for the supply of liquefied natural gas for twelve years from 2019 to go to Energía del Pacífico's electricity generating plant.
From a statement issued by the Superintendent of Electricity and Telecommunications (SIGET):
The Superintendency of Electricity and Telecommunications, SIGET, and the company Energía del Pacífico (EDP), are pleased to announce:
Two social welfare institutions are considering whether to invest $90 million in gas generation plants to sell electricity to the National Electric Power Company.
In order to cover the increased demand which arises in seasons of highest energy consumption, the National Institute of Retirement and Pensions for Employees and Officials of the Executive Branch (INJUPEMP) and the Honduran Social Security Institute are considering investing in power generation based on gas. The investment would mean allocating about $90 million to the purchase of mobile plants to sell supplies to the National Electric Power Company.
Pacific Energy has announced that it has signed the lease contract for the space which will be used for its plant in the port of Acajutla and has completed the EIS.
Energía del Pacifico (EDP) announced that progress that has been made on three specific areas: the environmental impact study, holding an day for providing information and public consultation with the residents of the area where the plant will be located, and the signing of the contract for lease of the space to be used in the Port of Acajutla.
An environmental impact study has been presented for the construction of a plant for power generation based on natural gas called Tocumen, in the province of Panama.
The company SoEnergy S. de RL Panama has presented an environmental impact study for the construction and operation of a power generation plant based on natural gas in the village of Tocumen, district of Panama, province of Panama.
A design has been presented for a power generating plant of 355 MW based on natural gas to be constructed in Acajutla and which will begin operating in 2018.
The project, to be developed in Acajutla, Sonsonate department also includes the construction of a floating storage tank, another ground storage tank, a spring, a generating power plant and associated transmission line.
The oil company Perenco has completed construction of a plant capable of generating 12 MW using oil-based fuel and 2 MW using natural gas.
Using the power plant for the business operation, the company´s projection is to "... save nearly $6 million in the cost of oil production per year."
Prensalibre.com reports that "...this plant was constructed with high-tech equipment and consists of a 12 MW generator powered by fuel oil and combustible oil, waste from oil distillation, and it produces 2 MW from natural gas, a resource produced from the oil. "
The consortium Quantum-GLU would be the winner of a long-term contract to supply 335 MW generated from a power plant that would be built by the company.
A statement from the National Energy Board reads:
The electricity distribution company DELSUR has made public the financial bids offered by two companies who submitted documents for the tender for 355 megawatts (MW) of power and associated energy, namely: Asocio Quantum-GLU and AES Fonseca Energía, who on October 1 submitted the information required to participate in the tender for the supply of power for 20 years.