Embrapa Will Open Panamanian HeadquartersTuesday, August 18, 2009 Embrapa, a Brazilian agricultural research company, will install its regional headquarters in Panama. The president of International Cooperation at Panama's Agricultural Development Ministry said that the presence of this company will boost feasibility studies for ethanol production. Panama Investigates Production of bioethanol from Sweet SorghumFriday, July 1, 2011 Researchers have tested fifteen varieties of sweet sorghum to see which gives better results, because traditionally it has only been used in cold climates where only one crop a year can be grown. Using sweet sorghum to produce ethanol would be an alternative option for Panama helping it to not be so dependent on international oil prices. Preliminary studies have already been conducted. Panama: Not Enough Land to Grow SugarWednesday, April 27, 2011 A law which encourages the production of biofuel means more land will be needed to keep up with the increased demand for cultivated sugar cane. Despite the lack of designated growing areas and investigations to support the guidelines for production of this kind of biofuel, those entering the sector expect ample benefits. Panama: $16 Million for BiofuelsMonday, August 17, 2009 In the next five years, the State will install a biodiesel and an ethanol plant. The project, directed by the Ministry of Agricultural Development (Mida), also includes activating an existing biodiesel plant. Colombian Agriculture Ministry to build a biodiesel plant in El SalvadorWednesday, April 23, 2008 With the goal of strengthening and promoting cooperation under the MesoAmerican Biofuel Project framework, which in turn is part of the Puebla to Panama Plan, Colombia's Agriculture and Rural Development Ministry last September signed a memorandum of understanding on technical cooperation in biofuels with El Salvador . To carry out the project, the ministry delivered to the Colombian Corporation of Agricultural Research (Corpoica) two billion pesos to get the project started. $2 Million for Biodiesel Plant in PanamaThursday, September 30, 2010 The Ministry of Agricultural Development (MIDA) will build a biodiesel plant in Buena Vista, Colon Province. The start of construction is scheduled for the first quarter of next year and has a projected production of about 10 thousand liters of biodiesel. Panama Hopes to Produce Ethanol in 2013Tuesday, April 13, 2010 The country expects to build and operate an ethanol plant in three years, after it resumed an agreement with Brazil. Juan Urriola, Energy Secretary, explained that in less than 60 days they will make an announcement related to the construction of this plant. $20 Million for Hydro Power Plant in PanamaMonday, October 26, 2009 A small hydroelectric power plant will be built at irrigation project Remigio Rojas, in the province of Chirriquí. Construction is expected to start in 2010, over the river Chico. The plant would output between 7 and 10 MW in May and December, when the flow rate is bigger. Panama: Billions in Solar Energy?Thursday, October 8, 2015 The company SkyPower has said it will invest in Panama $1 billion over 5 years in the construction of power plants and a solar energy research center. After meetings with President Varela in the US, one of the largest solar companies in the world issued a press release announcing the construction of wind farms that will generate up to 500 MW, with an investment of one billion dollars. Monopolistic Practices in the Electricity Market DenouncedFriday, October 9, 2015 In Panama two companies who took part in the tender for 350 MW announced that they will appeal to the Supreme Court to denounce alleged monopolistic practices by AES, the entity which won the tender. The companies Panamá Power Corp (IPPCO) and Pentacles Energy S.A. have turned to the Supreme Court after not receiving answers from the Electricity Transmission Company (ETESA) and the National Authority of Public Services (ASEP) after having submitted an application for consideration. Agro2 Pioneers Ethanol from CassavaWednesday, September 15, 2010 Panamanian Company Receives Funding from Dutch Government to Research and Develop Ethanol Plant SANTIAGO, PANAMA –Agro2 announces it will be the first company to research and produce ethanol from cassava in Panama, thanks to funding from FACT Foundation and the Global Sustainable Biomass Fund of NL Agency, a division of the Dutch Ministry of Economic Affairs commissioned by the Ministry of Foreign Affairs. Energy Agreement Between El Salvador and GuatemalaThursday, October 23, 2014 The state run electricity companies have signed a cooperation agreement to develop joint research activities and establish a legal framework for the future exchange of energy in the regional electricity market. Comisión Ejecutiva Hidroeléctrica del Río Lempa (CEL) of El Salvador, which has an installed capacity of 472 megawatts, and the Instituto Nacional de Electrificación (INDE) of Guatemala were responsible for signing this agreement which will facilitate energy trade. Huge Fine for Blackout in PanamaThursday, February 28, 2013 The financial penalty for Empresa de Transmisión Eléctrica S.A. could climb up to $20 million if the ruling deems it responsible for the massive disruption of the electricity supply. Prensa.com reports that "after completion of the investigation on the national blackout last Monday, February 25, the National Authority of Public Services (ASEP) may impose a fine that could reach up to $20 million, said the general manager of the entity, Zelmar Rodriguez. Damage to the two distribution lines located in Puerto Gago, Cocle province, produced the national blackout ". Costa Rica - Panama Electrical Interconnection in JulyTuesday, January 19, 2010 The last component of the electrical interconnection project between both countries would be ready for July 2010. Panama has already completed its share of the project, which is located in an area called "Friendship Ring" ("Anillo de la Amistad"). Costa Rica must still complete two power lines. Panama: 2015/2016 Investment PlanWednesday, January 28, 2015 The investment plan announced by the government is over $19 billion in road works, sanitation and electricity distribution and will support sectors such as logistics, transportation, tourism and agriculture. From a statement issued by the Ministry of Economy and Finance in Panama (MEF): |
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