Panama: 90% of Electricity from Renewable Sources
By the end of 2011, the country expects to be have 1.114 MW of capacity from hydroelectric power, thereby meeting 90% of its current demand.
Monday, April 11, 2011
Seven new hydroelectric plants costing over $1 billion are in the final stages of construction and will begin operating before the end of the year, according to official sources.
A subsidiary of GDF Suez will start the construction of a 115 MW run-of-the river hydro project following an auction which took place on 9 Sep. 2008.
22 new energy generation projects are planned for the next four years.
Enel Green Power announced the start of construction of a new hydroelectric power plant between Alajuela and San José.
The Inter-American Investment Corporation has approved a loan for the Panamanian hydroelectric project ‘San Lorenzo’, a plant that will generate 40 GWh per year.
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