Panama Invites Tenders for Wind Farm

The renewable energy contract is the first tender process of its kind carried out by the Panamanian government and has generated interest in investing in this technology.

"Wind energy generates most capacity when the impact of hydrology related effects is low, leading to huge savings in the cost of energy generated from burning oil," according to Prensa.com.

The wind power plants should be completed and operational by 2014.

Source: Prensa.com

More on this topic

Tender for Wind Farm Announced in Panama

October 2011

On 8th November, a tender for a new wind power plant, to be developed in the central provinces, will be launched.

The announcement was made by the National Secretary of Energy, Juan Manuel Urriola, at the opening of the IV Regional Integration Forum .

In addition, the strong winds in some areas of the country will be tapped by building the first wind project in the country, the tender process for which will start on November 8th.

Delay in Panamanians Wind Projects

June 2009

Funding pledged by international banks hit by the global financial crisis must be replaced by other sources of capital.

In other cases, the government has denied the necessary operation permits due to breach of requisites.
Actions by environmentalists, who want to prevent the use of the Santa Fe National Park for a wind farm, claiming "ecological fragility" of the area have also influenced in the delay.

Wind Farm in Cerro de Hula Moves Forward

November 2010

Globeleq announced the wind power plant in Honduras reached financial agreements and will begin construction.

The majority-owned subsidiary of Globeleq, Mesoamerica SA Renewable Energy (Known as Mesoamerica Energy), leader in development of wind projects in Central America, has been developing the 102 MW wind power project through its own local entity Wind Energy Honduras SA (EEHSA).

Spanish Company to Build $124 Million Wind Farm

November 2011

Acciona Energía will construct and operate the 49.5 MW wind power plant in Chiripa, north west Costa Rica.

The energy company was awarded the contract as a result of an invitation to tender held by Costa Rica's state-owned electricity and telecommunications provider (ICE).