Panama has initiated a groundbreaking 500 MW tender auction encompassing renewables and energy storage, marking the first such auction in Central America to include storage. The national secretary of energy and state-owned electricity transmission company, Empresa de Transmisión Eléctrica SA (ETESA), will conduct the bidding process in the second quarter of 2024, with application publication scheduled for February. Successful bidders are required to have projects operational by September 1, 2026, for both existing renewable projects and new solar PV plants.
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