{"id":1782,"date":"2011-01-03T13:23:21","date_gmt":"2011-01-03T18:23:21","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=1782"},"modified":"2011-01-03T13:23:21","modified_gmt":"2011-01-03T18:23:21","slug":"hydro-energy-projects-in-panama-and-investment-opportunity","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/hydro-energy-projects-in-panama-and-investment-opportunity\/","title":{"rendered":"Hydro Energy Projects in Panama and Investment Opportunity"},"content":{"rendered":"<p style=\"text-align: justify;\">I was always fascinated by the thought of having a small hydro project and getting &#8220;off the grid&#8221; when I came to Panama and I wanted to build a home.\u00a0 Several friends of mine here have solar and micro-hydro projects that power their homes and are exciting to see the ingenuity that goes into the plants.<\/p>\n<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/hydro.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1783\" title=\"hydro\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/hydro.jpg\" alt=\"\" width=\"322\" height=\"306\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">While a micro-hydro might be good for a home or a small community, the next level is small hydro which can be a 2 megawatt plant and as large as a 10 megawatt plant as I have seen developed here in Chiriqui.\u00a0 These projects can run anywhere from $1,500,000 to $2,500,000 per megawatt and come with certain Government subsidies.\u00a0 The next level\u00a0is your traditional 100 to 300 Megawatt plants and we have one such facility here in Chriqui.\u00a0 The Fortuna Hydro Power Plant\u00a0is almost a mile underground and the chamber that had been hewn out of solid rock was big enough to hold an ocean liner or a 747 jet liner.\u00a0\u00a0 Water from the La Fortuna dam arrives at the power house after a journey through a solid rock tunnel that is six kilometers long. Then after powering the turbines it continues on through an even longer, eight kilometer tunnel before it returns to the outside. There were three generators standing as high as a four story house. Each one is capable of delivering over 100 megawatts of power. The combined power of all three Pelton wheel turbines supplies almost 35% of the entire electric power in Panama.<\/p>\n<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/fortuna-dam.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1784\" title=\"fortuna dam\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/fortuna-dam.jpg\" alt=\"\" width=\"302\" height=\"366\" \/><\/a>\u00a0\u00a0 <a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/FORTpower.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1785\" title=\"FORTpower\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/FORTpower.jpg\" alt=\"\" width=\"285\" height=\"368\" \/><\/a><\/p>\n<p>We have a property here in Chiriqui that my partner owns that is below Fortuna and shares a water source that powers a small hydro plant adjacent to his property.\u00a0 The folks involved with hydro here in Panama have been to the property and it appears that another small hydro project is feasible for this part of the Rio Chiriqui.\u00a0 Here is a Google aerial and inlay of how a &#8220;run of the river&#8221; installation is feasible on the property.<\/p>\n<p>\u00a0<a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/El-Cope-Small-Hydro.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-1786\" title=\"El Cope Small Hydro\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/El-Cope-Small-Hydro.jpg\" alt=\"\" width=\"870\" height=\"570\" \/><\/a><\/p>\n<p>Here is another Google aerial of the vicinity showing the 366 hectare property, Fortuna and the small hydro project next door.\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/El-Cope-area1.jpg\"><\/a><\/p>\n<p><a href=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/El-Cope-area1.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-large wp-image-1788\" title=\"El Cope area\" src=\"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/wp-content\/uploads\/2011\/01\/El-Cope-area1-1024x747.jpg\" alt=\"\" width=\"873\" height=\"682\" \/><\/a>\u00a0<\/p>\n<p>We are offering\u00a0an opportunity to invest in this property and more information on this beautiful river ranch can be seen by clicking\u00a0<a href=\"http:\/\/www.viviun.com\/AD-158337\" target=\"_blank\"><strong>here<\/strong><\/a><\/p>\n<p><a href=\"http:\/\/www.viviun.com\/AD-158337\" target=\"_blank\"><\/a><strong>Caldera, Panama \u2013 366 Hectare Chiriqui River Ranch With Hydro Power Potential<\/strong>\u00a0&#8211; This fully titled finca or farm is located between Caldera and Fortuna and fronts on the Rio Chiriqui with rolling hills and pasture throughout. The property has been studied for a hydro electric project and has excellent potential for a small hydro plant of 10 MegaWatts which would provide for various Government incentives.\u00a0 Click on picture for more<\/p>\n","protected":false},"excerpt":{"rendered":"<p>I was always fascinated by the thought of having a small hydro project and getting &#8220;off the grid&#8221;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[10,12,21,16,19,14,11,6,20,31,7,15,17],"class_list":["post-1782","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-bocas-del-toro","tag-boquete","tag-energy","tag-estate-planning","tag-investments-in-panama","tag-legal-issues","tag-offshore-real-estate","tag-panama","tag-panama-economics","tag-panama-property-exchange","tag-panama-real-estate","tag-tax-issues","tag-trusts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.7 (Yoast SEO v27.7) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Hydro Energy Projects in Panama and Investment Opportunity - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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