Panama: Incentives for Solar Power


News from Panama / Wednesday, April 6th, 2016

solar array

The law passed by the Assembly provides incentives to the construction, operation and maintenance of solar power plants and installations.

From a statement issued by the National Assembly of Panama:

In order to promote the establishment and operation of photovoltaic systems, the legislative plenary approved Bill 267, in a third debate, which amends and adds provisions to Law 37 of 2013, which establishes an incentives scheme for the promotion of construction, operation and maintenance of solar power plants and / or installations.

The bill is of special character and the incentives provided, with their limits and scope, will apply exclusively to natural or legal persons that promote and / or develop the use of solar energy in order to reduce dependence on fossil fuels and / or the provision of electricity.