President Martinelli with Andrew Vesey, COO of AES Corporation, opened the largest hydroelectric plant built in the last 30 years.
Changuinola I to contribute 15% of the country's annual energy demand
With an investment of over 4.63 billion and installed capacity of 223 MW which will generate about 1.046 GWh, Panama AES has opened the Changuinola I Hydroelectric station located in Bocas del Toro, the most important power generation project in the last 30 years in Panama and Central America. The hydroelectric complex will provide 15% of the country’s annual energy demand, offering the most competitive prices.
During a technical visit as part of the opening of the Changuinola I Hydroelectric Plant, the President of the Republic, Ricardo Martinelli and his team, accompanied by Executive Vice President and Chief Operating Officer of Global Utilities Group of AES Corporation Andrew Vesey and Vice President for Central America and the Caribbean AES, Marco De la Rosa, performed the connection with the National Dispatch Center, ETESA, to coordinate the linking of the generating units to the Central System for National Interconnection.
Belize Teak Ltd. (BTL) is a Belizean Company that has been working in the country planting Teak and Tropical Hardwood trees and Cacao trees for the export market. 80 Acres are planted with 12 to 15 year old Teak AND...