{"id":2408,"date":"2011-04-15T14:55:11","date_gmt":"2011-04-15T19:55:11","guid":{"rendered":"http:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=2408"},"modified":"2011-04-19T13:08:41","modified_gmt":"2011-04-19T18:08:41","slug":"panama-90-of-electricity-from-renewable-sources","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-90-of-electricity-from-renewable-sources\/","title":{"rendered":"Panama: 90% of Electricity from Renewable Sources"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.industcards.com\/fortuna-pa.jpg\" alt=\"\" \/><\/p>\n<p>Two weeks ago I drove over the mountains to visit the Caribbean coast and wondered at the amount of rainfall in the high mountains that\u00a0runs 3 to 5 meters a year.\u00a0 This is the reason that the Fortuna Dam and hydro project is located there and why the province of Chiriqui produces 80 percent of the power for the Country.\u00a0 Now with the advent of numerous small hydro projects, Panama is reaching the point where it will produce 90% of the power consumption with sustainable resources.<\/p>\n<p>\u00a0<img decoding=\"async\" src=\"https:\/\/lh4.googleusercontent.com\/_LkPefQlJ7ac\/TZOeJPaQoZI\/AAAAAAAAAs8\/XK_tq5reLqk\/s640\/IMG_2356.jpg\" alt=\"\" \/><\/p>\n<p style=\"text-align: justify;\">This in from CentralAmericaData.com<\/p>\n<div style=\"text-align: justify;\">By the end of 2011, the country expects to be have 1.114 MW of capacity from hydroelectric power, thereby meeting 90% of its current demand.<\/div>\n<div style=\"text-align: justify;\">Seven new hydroelectric plants costing over $1 billion are in the final stages of construction and will begin operating before the end of the year, according to official sources.<\/div>\n<p>Panama&#8217;s current grid already has 682 MW of power available from hydroelectric generators at La Fortuna, Bayano, La Estrella, Los Valles, Macano, Concepci\u00f3n and Paso Ancho.<\/p>\n<p>&#8220;The largest new generator is due to come on line on July 31 and is called Chan 75. It has been under construction by AES Panama since 2005 and will have capacity to produce 223 megawatts of electricity &#8211; 15% of the country&#8217;s existing capacity,&#8221; reports an article by Wilfredo Jord\u00e1n for Prensa.com.<\/p>\n<p>In case you are interested in a potential project site, we have a property that is well suited for a small hydro installation.\u00a0 Here is a link the listing information.<\/p>\n<h2><a href=\"http:\/\/www.viviun.com\/members\/handle?event=f5a7ca9b5c84cbc8e86bc2a7c25b1428&amp;id=158337\" target=\"_blank\">366 Hectare Chiriqui River Ranch With Hydro Power Potential<\/a><\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.viviun.com\/data\/properties\/pictures\/158337\/158337-495048-2B2V9R24QG.jpg?042946\" alt=\"\" width=\"654\" height=\"450\" \/><\/p>\n<p>Drop us a line for more information at <a href=\"mailto:tbrymer@brymerpa.com\">tbrymer@brymerpa.com<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Two weeks ago I drove over the mountains to visit the Caribbean coast and wondered at the amount<\/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":[22,19,31,7],"class_list":["post-2408","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-hydro-electric","tag-investments-in-panama","tag-panama-property-exchange","tag-panama-real-estate"],"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>Panama: 90% of Electricity from Renewable Sources - Blog and Newsletter<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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