{"id":31242,"date":"2021-04-27T11:30:30","date_gmt":"2021-04-27T16:30:30","guid":{"rendered":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/?p=31242"},"modified":"2021-04-27T11:30:30","modified_gmt":"2021-04-27T16:30:30","slug":"panama-solar-development-pipeline-gaining-traction","status":"publish","type":"post","link":"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-solar-development-pipeline-gaining-traction\/","title":{"rendered":"Panama solar development pipeline gaining traction"},"content":{"rendered":"

\"\"<\/a><\/p>\n

Keira Development has submitted an EIS to Panama\u2019s\u00a0environment ministry<\/a>\u00a0for the\u00a044MW Chumical I solar project<\/a>.<\/p>\n

Keira, controlled by local group Green Energy Developers, holds a provisional license granted by public services regulator\u00a0Asep<\/a>\u00a0for the planned US$32mn photovoltaic plant.<\/p>\n

The park would be built in the Urrac\u00e1 area of Santiago district, Veraguas province and connect to the national grid via a 34.5kV, 10.5km line at the Santiago substation. Construction is due to take 16 months.<\/p>\n

Chumical I is the second largest solar project in early stage development after\u00a0Fotovoltaica Sajalices<\/a>\u2019 proposed 100MW Camarones park.<\/p>\n

Green Energy Developers, through special purpose companies GED Gersol Uno and GED Gersol Dos, also holds provisional licenses for the Llano S\u00e1nchez (9.99MW) and Salamanca (14MW) solar projects.<\/p>\n

Year-to-date milestones from the solar front in Panama include the startup of the country\u2019s largest plant using the renewable source:\u00a0Avanzalia<\/a>\u2019s\u00a0120MW Penonom\u00e9 park<\/a>; the start of construction of\u00a0Enel Green Power<\/a>\u2019s\u00a030.88MW Madre Vieja project<\/a>; and the start of permitting for the\u00a039.8MW RPM Solar Cais\u00e1n project<\/a>.<\/p>\n

In Central America power grid\u00a0Siepac<\/a>\u00a0operator EOR\u2019s\u00a02021-22 planning report<\/a>, seven photovoltaic plants for a combined 73.8MW are scheduled to enter service in Panama.<\/p>\n

Panama\u2019s 2020-30 energy transition plan highlights that renewable\u00a0power\u00a0will \u201cdominate\u201d the mix but adds that expanding their use requires a review of existing broader sector laws and regulations, such as those related to taxes, incentives and subsidies.<\/p>\n

The World Energy Council says one restricting factor for renewables in Panama would be limited transmission access. The international organization also recommends strengthening the regulatory and institutional framework.<\/p>\n

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    Keira Development has submitted an EIS to Panama\u2019s\u00a0environment ministry\u00a0for the\u00a044MW Chumical I solar project. Keira, controlled by local<\/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":[242,12,241,39,248,34,33,62,42,219,11,249,243,7,246,244,262,281],"class_list":["post-31242","post","type-post","status-publish","format-standard","hentry","category-news-articles-panama-perpsective","tag-boca-chica-real-estate","tag-boquete","tag-boquete-real-estate","tag-buenaventura","tag-casco","tag-casco-antiguo","tag-casco-viejo","tag-coffee-in-panama","tag-estate-homes-in-panama","tag-move-to-panama","tag-offshore-real-estate","tag-panama-offshore-real-estate","tag-panama-papers","tag-panama-real-estate","tag-relocate-to-panama","tag-rum-in-panama","tag-safety-in-panama-panama-real-estate-bocas-del-toro","tag-travel-to-panama-rent-in-boquete-expat-tourism"],"yoast_head":"\nPanama solar development pipeline gaining traction - 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\" href=\"https:\/\/panamaadvisoryinternationalgroup.com\/blog\/panama-solar-development-pipeline-gaining-traction\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Panama solar development pipeline gaining traction\" \/>\n<meta property=\"og:description\" content=\"Keira Development has submitted an EIS to Panama\u2019s\u00a0environment ministry\u00a0for the\u00a044MW Chumical I solar project. 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