Panama energy transition scenarios envision investment of up to US$8.8bn


News from Panama

Total cumulative additional investments in the energy transition agenda (ETA) and zero carbon scenarios for Panama reach US$4.57bn and US$8.81bn, respectively, by 2024. The outlook is part of an assessment conducted by the UN Environment Program in collaboration with the country’s environment ministry and energy department that looks at energy transition’s role as part of post COVID-19 economic recovery. […]

April 27, 2021

Fiber Optic Cables: Business Increases 18%


News from Panama

We just had fiber installed and what a difference.  Starting with the cost (50% less) and most of all the Internet speed ( up to 1000 mbps download and 200 mbps upload).  It was a no brainer and soooo nice to drop Cable Onda after 14 years. From January to September 2020, Central American countries […]

April 27, 2021

Panama solar development pipeline gaining traction


News from Panama

Keira Development has submitted an EIS to Panama’s environment ministry for the 44MW Chumical I solar project. Keira, controlled by local group Green Energy Developers, holds a provisional license granted by public services regulator Asep for the planned US$32mn photovoltaic plant. The park would be built in the Urracá area of Santiago district, Veraguas province and connect to the national […]

April 27, 2021

Permitting deadline for Colombia-Panama link pushed back to 2023


News from Panama

Panama’s public services regulator Asep has granted additional time to Interconexión Colombia Panamá (ICP) to submit required documents for the planned power interconnection between the countries. ICP now has until March 2023 to file the approved environmental impact study for the link’s construction and operation. Under the last extension, the deadline had been September 2020, when the developer […]

April 20, 2021

Studies for Line 5 of the Panama Subway


News from Panama

The Central American Bank for Economic Integration will execute a non-reimbursable Technical Cooperation to carry out studies to identify the feasibility of developing the railway network of Line 5 of the Panama Subway. The non-reimbursable Technical Cooperation amounts to $630,000 and was recently approved by the Republic of Korea within the framework of the CABEI-Korea Sole […]

April 20, 2021