The EGP Sun Shines in Panama

Published on Wednesday, 12 August 2015

Enel Green Power has completed and connected to the grid Chiriquí, the company's first solar PV plant in Panama and one of the first in the country.
With an installed capacity of 12 megawatts, the plant can generate more than 19 gigawatt hours per year, equivalent to the annual power consumption of more than 16,000 local households, avoiding emissions equivalent to approximately 15,000 tons of CO2 per year.
The energy generated by Chiriquí will contribute to energy security and hep balance power market prices in Panama, especially during the country's dry season. In fact, for years the Panamanian energy system has relied solely on hydropower (thanks to its abundant rainfall), as well as thermoelectric generation to compensate for periods of low water availability.
'The country is subject to both droughts and fluctuating oil prices, with negative effects on the stability of the electric grid,' explained Nicola Melchiotti, Area Manager of Mexico and Central America at Enel Green Power. 'The introduction of solar technology to the mix allows us to build a stronger system in order to guarantee the country's energy needs.'
The Chiriquí plant‘s capacity is in addition to the 300 MW already generated by Enel Green Power in Panama through the Fortuna hydroelectric power plant, which is part of the country’s essential infrastructure and generated about 1.1 terawatt hours of zero emissions energy in 2014.
Through its generation of over 20 percent of Panama's energy needs, Enel Green Power is one of the most important power suppliers in this booming country, whose growth trend will continue with the future enlargement of the canal linking the Atlantic and Pacific Oceans. 'Renewable energy is the perfect way to satisfy the resulting increase in power consumption in a timely and safe manner, and with zero emissions,' concluded Melchiotti.