Bids submitted ranged between 9 and 12 cents per kilowatt, under the tender issued by the Electricity Transmission Company Inc. (Etesa).
The four companies who submitted the proposals belong to the Panamanian Wind Union, SA; Helium Energi Panama SA with two bids, and Innovent Central America SA and Fersa Panama SA with one each.
Representatives from the state-run company said that they hope to reveal the result of the tender in about two weeks.
Prensa.com reports: "Wind energy is generated using the strength of the wind, and this is giving a new impetus to investment in clean technologies.
Wind energy generates most power when the water level is low, resulting in significant savings by reducing the reliance on energy from petroleum derivatives. "
Source: Prensa.com
More on this topic
January 2012
Of the five wind farms to be built in the province of Cocle, two of them have started earthworks.
In the communities of Toabré and Anton, the company Fersa Panama has started work on the two projects that will generate 330 megawatts of energy.
The other three projects are being developed by the Spanish company Unión Eólica de Panamá, which obtained authorization for 120 megawatts back on November 30th.
May 2012
Five private projects have been licensed for the development of wind energy projects, with investments totaling about $1 billion.
The five projects approved by the National Authority of Public Services (ASEP) are in the province of Cocle.
The most advanced is "Toabré", belonging to the company FERSA Panama SA, and which is already under construction between the communities of Penonomé Toabré and Tolu.
January 2010
Panama granted "Unión Eólica Panameña" licenses to install, operate and exploit 4 wind power farms.
The public services authority of Panama granted the company provisional licenses to install, operate and exploit the wind farms called Nuevo Chagres, Portobelo Ballestillas, Marañón and Rosa de los Vientos, capable of 42.5, 59.5, 850 and 194 MW, respectively.
March 2012
Unión Eólica Panameña has been awarded a contract to provide electricity to ETESA using 110 wind turbines installed in Penonomé.
The first wind farm in Panama will have to start operations in the second half of 2013, according to the plans of Unión Eólica Panameña (UEP), a Spanish company that has won the contract with the Electricity Transmission Company SA (ETESA in Spanish).
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