Panama - Page 5 of 6 - New Energy Events

Regulatory reform in Panama aims for 70% renewables by 2050
June 20, 2018
Panama’s power system is critical in achieving the renewable energy goals of the country. The government has outlined recommendations in a report which calls for amendments to the country’s regulation of the Power Purchase Agreements (PPAs). This change will have the objective to increase the use of renewable energy, including solar and wind. It will […]
Panama building first large-scale residential solar installation
February 13, 2018
A joint project between Colombia energy company, Celsia, and Real Estate Group Provivienda will bring solar PV to 350 homes at La Hacienda, in Panamá Oeste, Panama. This residential complex, as a whole, will avoid the emission of 188 tons of carbon dioxide per year and will benefit from representative energy savings. Celsia and Grupo Provivienda will […]
Panama commissions its largest PV plant at 42 MW
April 12, 2017
Italian power provider Enel has connected to the grid Panama’s largest PV plant, the 42 MW Sol Real project. According to a filing with the stock exchange, the plant will sell power to the Enel’s 300 MW Fortuna hydroelectric power station in Panama. The installation is expected to generate around 70 million GWh of electricity […]
Panama solar market booming, will triple solar PV capacity
March 14, 2017
Panama added 46 MW of new large-scale PV capacity in 2016, according to local regulator Autoridad de los Servicios Públicos (ASEP). Seven ground-mount PV plants ranging in size from 500 kW to 10 MW were connected to the local grid, thus bringing the country’s cumulative PV capacity to 89 MW. According to ASEP’s figures, PV […]
Infrastructure finance giant relocating to Panama
December 6, 2016
The Inter-American Corporation for Infrastructure Financing (CIFI, http://www.cifi.com), a leader non-bank financial institution dedicated to run projects in Latin America and the Caribbean, is set to move its headquarters from Washington D.C. to Panama City. The objective of this measure is to leverage closer to the region to further boost its activity there. Since the beginning […]
IRENA helps Central America integrate renewables
November 6, 2016
The International Renewable Energy Agency (IRENA) has stepped in to help Central America meet its 2020 target for renewable energy. The “concrete results” expected include an 11% renewables generation target for the region; this will be facilitated by programs like the Renewables Readiness Assessment for Panama and the Clean Energy Corridor of Central America. Energy […]
BP to ship first LNG cargo through Panama Canal
June 30, 2016
In late July the Panama Canal will add LNG to the commodities that pass through its locks. A US$5.3 billion expansion project aimed at getting giant-sized tankers from one ocean to the other will open a new trade route for heating and power-plant fuel. The Panama Canal Authority said the upgraded facility will look to […]
Largest Wind Farm in Central America Opens in Panama
November 15, 2015
The wind farm Penonomé was inaugurated on Tuesday as a project designed to meet Panama’s increasing demand for energy. The largest in Central America and 13th in the world, the installation of 108 wind turbines will produce between 6% and 7% of the Country’s electricity. According to La Estrella newspaper, this is the equivalent of energy consumption […]
SkyPower Invests in 500 MW Utility-Scale Solar and PV Education in Panama
October 12, 2015
SkyPower, a developer and owner of utility-scale solar projects, announced plans to build 500 MW of utility-scale solar projects over the next five years. These projects represent a $1 billion investment. According to Skypower Chief Commerical Officer, Charles Cohen, “SkyPower’s estimated US $1 billion investment is expected to create more than 10,000 total jobs in Panama, […]