$720 Million Wind Farms Announced in PanamaTuesday, July 13, 2010 Energy & Environmental Engineering Corp is to invest $720 million in two wind power projects at Anton Sur and La Colorada. The renewable energy projects are each expected to provide 90 megawatts to the Panamanian national grid. Energy: Lawsuit Against State-Owned CompanyMonday, October 22, 2018 Helium Energy Panama filed a lawsuit against Etesa for non-conformity with the result of a wind energy tender. Helium Energy Panama, a wind energy generator, filed a lawsuit in the Third Chamber of the Supreme Court of Justice against the state-owned Empresa de Transmision Electrica S.A. (Etesa) for more than $50 million. Panama as Solar Energy MarketMonday, June 16, 2014 The growth of electricity demand and favorable prices ranging from between 20 and 40 cents per kilowatt hour have been highlighted as most noteworthy. It is expected that the solar market will add 700 megawatts of new capacity in 2014, representing 2 percent of world demand in the solar market until 2018. This rate requires developers to move with speed in order to enter new countries. Company Profile
Design and installation of photovoltaic systems, residential, commercial, grid tied and off grid, solar street lighting. Solar Energy: New Park in PanamaThursday, February 7, 2019 On a 98-hectare site in the province of Chiriquí, InterEnergy launched a solar park with a generating capacity of 40 MW, which required a $48 million investment. The new power generation park, called Ikakos, will transport the electricity produced to the Mata de Nance substation through a 13.7-kilometre-long transmission line. License Awarded for Solar Park in PanamaThursday, September 25, 2014 SDR ENERGY PANAMA has received a final license to build and operate for a period of 40 years a plant generating 49.5 MW of solar power in the district of Baru, Chiriqui. From a statement issued by the National Authority of Public Services in Panama (ASEP) SunEdison Buys Globeleq Mesoamerica EnergyFriday, June 19, 2015 Actis and Mesoamerica have agreed to sell SunEdison 100% of its interest in Globeleq Mesoamerica Energy, which operates in the area of renewable energy plants. From a statement issued by Globeleq Mesoamerica Energy: License for 40 MW Wind FarmThursday, July 20, 2017 In Panama, Clean Green Energy S.A. has been granted a provisional license for the construction and operation of a wind farm with an installed capacity of 40 MW in the province of Colón. From Resolution AN No.11357-Elec: Solar Plant Project for $35 million in PanamaWednesday, February 4, 2015 An environmental impact study has been submitted for the construction of a solar power plant generating 19.8 MW in the village of Boqueron, Chiriqui. The Company SDR ENERGY PANAMA SA has submitted an EIS to build a solar photovoltaic plant with capacity to generate 19.8 MW, to be built in two stages, each of 9.9 MW. 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. Panama: $300 million for Wind FarmFriday, December 19, 2014 The World Bank has approved a loan of $300 million for the construction of the second and third stages of the Penonomé wind farm, which will have a capacity of 215 MW. From a statement issued by the International Finance Corporation (IFC): Insecurity and Conflict Discourage InvestmentsMonday, October 15, 2018 Lack of legal certainty, electricity theft and social conflicts are forcing businessmen in Guatemala's energy sector to choose to relocate their investments to El Salvador. Last year, the companies Applied Energy Services (AES) and Corporación Multi Inversiones (CMI), both US and Guatemalan capital, decided to invest $47 million in solar energy projects, encouraged by the facilities offered to the energy sector in El Salvador. Where to invest in clean energy?Monday, March 19, 2012 In Central America, Nicaragua and Panama offer the best government support policies and the best conditions for investments in clean energy, among other advantages. Climascopio (Climatescope) 2012 is a report and index that assesses the investment climate for climate-related investment in Latin America and the Caribbean. It profiles 26 countries in the region and evaluates their ability to attract capital for low-carbon energy sources while building a greener economy. All countries profiled here are borrowing members of the Inter-American Development Bank (IDB). Panama: Wind Power Blows StrongMonday, January 11, 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 . Panama: $1049 billion for Hydropower Station Chan IIFriday, May 30, 2014 GDF Suez and Enel Green Power did not submit bids and in the end the 50 year concession of Changuinola II went to the only remaining contestant, Oderbrecht Energy. The financial offer made by the Brazilian company for the 213 MW hydro station exceeded, by $419 million, the cost of the Chan I plant, whose generating capacity is similar and which also uses the Changuinola river as a common source. |
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