Changuinola I Hydroelectric Station Inaugurated

With an investment of over $4.6 billion and an installed capacity of 223 MW, AES Panama has opened the Changuinola I Hydroelectric Plant located in Bocas del Toro.

Tuesday, July 17, 2012

From AES Panama's statement:

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.

Market Intelligence

Everything about power generation imports in Panama.

Top importers - Quantities, amounts and prices.

more info

More on this topic

Changuinola II Hydroelectric Station Still Under Discussion

December 2012

AES Panama is trying to recover the concession for hydroelectric development in Bocas del Toro, and is offering more power plants.

In June 2011 the National Authority of Public Services (ASEP) canceled the concession for the construction of the second phase of the Changuinola hydro station planned in Law 6 of February 3, 1997.

Changuinola I Development Costs Increase by $100 Million

August 2010

The cost of the hydroelectric project being undertaken by AES in Panama is estimated to increase due to the effects of flooding and higher land purchase prices.

The Changuinola I hydroelectric project, also known as Chan 75, will use the flow of the rivers Changuinola and Culubre to generate up to 223 MW of power, or 1,046 GWh per year.

Changuinola I to Start Operations Later this Month

September 2011

With a total investment of $600 million construction of the Changuinola I hydroelectric project in Panama has been completed.


The work developed by AES Changuinola, will become operational by the end of this month providing the national energy system with 223 megawatts.

Changuinola Hydroelectric Construction 80% Complete

August 2010

The Panamanian project is now 80% through its plan and expects to begin operations in May 2011.

The project, located near the northern border with Costa Rica in Bocas del Toro, will supply 223MW of power to the national grid, equivalent to 15% of Panama's current electricity consumption.

 close (x)

Receive more news about Energy

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


Wanted Channel partners and Marketing Associates

Devraj Group is looking for channel partners and Marketing associates.
We already have supplied: Paddy Cleaning and Drying...

Stock Indexes

(Jul 30)
Dow Jones
-0.19%
S&P 500
0.01%
Nasdaq
0.45%

Commodities

(Jul 31)
Brent Crude Oil
106.5
Coffee "C"
186.35
Gold
1,296
Silver
20.625