Energy hydroelectric hydroelectric construction Infrastructure and Construction hydroelectric projects hydroelectric dams Changuinola Hydroelectric Panamanian Public Services Authority construction AES Changuinola Hidroelectric Comission for the Lempa River Hydroelectric Project Patuca III National Electric Energy Company (Honduras) Sinohydro Corporation The Chaparral Hydroelectric Project

Concession Canceled for Expansion of AES Changuinola

The generator currently supplies 27% of electricity consumed in Panama, and the law states that this percentage may not exceed 25%.

Wednesday, June 15, 2011

The National Authority of Public Services (ASEP) has canceled the concession to build the second phase of the Changuinola hydroelectric plant covered by Law 6 of February 3, 1997.

The act in question does not allow "... soliciting further concessions if doing so would create directly or indirectly, through other generation companies or by other means, over 25% of the electricity consumption of the domestic market", explained an article in Prensa.com.

Source: Prensa.com

Key entities

Panamanian Public Services Authority

Countries

Panama

Insight

Changuinola Hydroelectric hydroelectric hydroelectric construction Energy Infrastructure and Construction

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.

Panama Authorizes 26 MW Hydro Project

January 2011

The Public Services Authority of Panama (ASEP) gave Mifta Power Inc. a concession to build and operate the Santa Maria hydroelectric plant.

This dam will use waters of the Santa Maria River in the San Francisco district, province of Veraguas, to generate 26 MW.

Mifta Power Inc. has now thirty days to sign the Concession Agreement and pay a performance bond of $ 148,000.

Guatemala Authorizes 'Cuatro Chorros' Hydroelectric Plant

September 2010

The Ministry of Energy and Mines (MEM) has given the company Generación Limpia ("Clean Generation") the go ahead for the construction of the hydroelectric power facility.

The 'Cuatro Chorros' ("four streams") project is to be carried out by Generación Limpia, part of the Spanish group, Unión Fenosa, and is located in Chicamán, Quiché, western Guatemala.

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.

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