Company Interested in Chan II Hydroelectric StationMonday, June 26, 2017 AES Panama may be interested in taking on the hydroelectric construction project, which until January of this year was granted in concession to Odebrecht. While the government is evaluating the way forward for the project, which remained unfinished after the concession to Odebrecht Energy Luxembourg was withdrawn in January, AES Panama, which currently operates five hydroelectric stations in the country, may have shown interest in assuming responsibility for the project. "... In fact, AES Changuinola is currently in charge "... of the operation and administration of the Changuinola I hydroelectric plant in Bocas del Toro." Hydroelectric Station in Bocas del ToroTuesday, September 6, 2016 The project initially known as Chan II has been delayed because "the process of dialogue with communities needed for work to start has not finished." The company Odebrecht Energy Luxembourg, now called Odebrecht Latin Fund, has twice requested the extension of the timeframe for construction of the project which was awarded to it in June 2014. According to the company, "... Panama: State Could Increase Participation in Chan IIMonday, January 12, 2015 Changes to the contract with the construction company Odebrecht have enabled the Panamanian government to increase its stake in the plant from 23% to 49%. Having renegotiated the contract with the construction company Odebrecht, an agreement was reached to establish the shareholding of the state through the Odebrecht (Egesa) and it was also established that the State will not fund cost overruns associated with the rise in the price of building materials. Future of Hydroelectric Chan II RedefinedWednesday, April 5, 2017 Empresa de Generación Eléctrica will now be responsible for the concession, while the Varela administration evaluates how and when to re-tender the project. From a statement issued by the Presidency of Panama: Panama: Deadline Extended in Hydroelectric Chan II TenderMonday, April 28, 2014 At the request of the three companies interested in the 213 MW work, the deadline for submitting bids has been extended until May 6. May 6 is the date for receipt of the proposals from the three companies interested in the design, financing, construction and operation of the hydroelectric dam Changuinola II, in the province of Bocas del Toro. Panama: Only One Bid for Hydroelectric Chan IIWednesday, May 7, 2014 Three companies purchased the tender documents but only Odebrecht Energy submitted a proposal for the construction of the 213 MW dam. Following the expiration of the four month period to prepare proposals, the Brazilian Odebrecht Energy Luxembourg, was the only company that submitted a bid for the construction of the project, estimated at $1 billion. The company had to demonstrate its direct involvement in three other hydroelectric projects implemented in the form of design, supply and construction in the past 15 years and provide a bond for $75 million to support the implementation of the Chan II hydropower station. Hydropower VenturesFriday, September 6, 2013 In Panama the amount of ongoing investment in hydropower projects adds up to $1 billion , 95% of which are in Chiriqui and Bocas del Toro. In the provinces of Chiriqui, Bocas del Toro, Veraguas, Cocle Colon 18 hydroelectric plants are being built, said the National Authority of Public Services (ASEP). Panama: 90% of Electricity from Renewable SourcesMonday, April 11, 2011 By the end of 2011, the country expects to be have 1.114 MW of capacity from hydroelectric power, thereby meeting 90% of its current demand. Seven new hydroelectric plants costing over $1 billion are in the final stages of construction and will begin operating before the end of the year, according to official sources. Guatemala: Progress in Renace II Hydroelectric StationFriday, June 6, 2014 Work on the 114 MW plant on the river Cahabón in Alta Verapaz, could be finished months ahead of its estimated end date. In August, with an advance of 7 months in the term of contract execution, the Energy Division of Corporación Multi Inversiones (CMI) could deliver the project which would provide 114 MW to the national grid, making it the largest private hydroelectric project in the country. Panama: Another $130 million in Wind EnergyMonday, July 20, 2015 The company UEP Penonomé II plans to invest $130 million in the construction of the fourth phase of the wind farm, increasing total capacity to 67 MW. The company in charge of the project announced that in the fourth stage it will add 25 new turbines, which could be of a size greater than those already present on the wind farm. It is expected that construction work will begin in January 2016. Mini Hydroelectricity Station Concession in PanamaThursday, July 24, 2014 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: Costa Rica: Advances in Geothermal ProjectsMonday, August 11, 2014 The state run power company has begun development of a management plan and the drilling of wells in the Pailas II project, the first of three plants to be developed in the northern part of the country. With funding from the Japanese government and approved by the Legislative Assembly the Instituto Costarricense de Electricidad (ICE) will start to build three geothermal projects; Pailas II, Borinquen I and II in the province of Guanacaste. Costa Rica: $500 million for Electricity InfrastructureMonday, February 8, 2016 The financing agreement between the IDB and the government provides funds to complete the geothermal plants Pailas II and Borinquen I and II of 55 MW each, and other electrical infrastructure. From a statement issued by the Ministry of Finance: Wind Project Concession Handed Over in PanamaWednesday, May 7, 2014 Unión Eólica Panameña has been authorized to hand over to UEP Penonomé II the final license to build and operate the 115 MW wind farm in Nuevo Chagres. From a resolution given by the National Authority of Public Services: Licenses for Solar Plants of 17 MW and 10 MWThursday, November 13, 2014 The companies Agua Dulce Solar and Panameña de Energía Solar II have been granted provisional licenses to build, operate and exploit two photovoltaic power plants in the district of Nata and the District of Agua Dulce, both in the province of Cocle. From the resolutions given by the National Authority of Public Services (ASEP) |
|