Changuinola I to Start Operations Later this Month

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

Friday, September 23, 2011


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

"... The implementation of the Changuinola I hydroelectric power station, will help to widen the thin line between supply and energy demand in the country.

The capacity of the national energy system is estimated at about 1442 MW, and the highest recorded demand was on May 3, at 1286 megawatts", reported Panamaamerica.com.pa.

More on this topic

Changuinola I Hydroelectric Station Inaugurated

July 2012

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.

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 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.

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 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.

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