Avanzalia Solar starts the commercial operation of 120 MW Penonomé solar PV project in Coclé

Subscribe to our newsletter and get the latest news and business opportunities in your inbox

Avanzalia Panama, a subsidiary of Avanzalia Solar, has switched online its 120 MW Penonomé solar photovoltaic project located in the district of Coclé in Panama.

The project consists of 450,000 solar panels and 89 inverters and was fully developed by the end of 2020, originally scheduled to be switched on at the end of 2019, but the company then conducted numerous power supply tests throughout 2021. The project is expected to produce 240 GWh annually. It is the initial huge plant of its kind to be straight attached to the network of nationwide grid driver ETESA at 230,000 volts.

The US$160 million project has been certified by the National Dispatch Center of Panama and is currently on the final financing phase, which will be completed when Panamanian and North American investors issue a green bond in Panama. Spanish engineering team TSK handled the construction of the plant. In October 2019, Avanzalia signed 22-year long-term power sale agreements for the project with unspecified large clients.

 

List of the country updates

Country updates

  • April 26, 2021

    Ingeteam to provide O&M for 55 MW Penonome I wind project in Cocle

    Ingeteam has won a new contract in Panama to carry out the operation and maintenance (O&M) tasks of the substation of the Penonomé Wind Farm, the first in Panama and one of the largest in C...

    Read more
  • April 15, 2021

    Enel Green begins construction of 31 MW Madre Vieja solar project in Chiriqui

    Enel Green Power Panamá (EGPP), the renewable energy subsidiary of Enel SpA, has begun the construction of Madre Vieja, a 30.88 MW photovoltaic energy project that will increase its renewable e...

    Read more
  • March 17, 2021

    EGP, Kio Networks sign PPA for 5,000 MWh annual output of Fortuna Hydro Plant

    Enel Green Power Panama (EGPP), the renewable energy subsidiary of Enel SpA, and KIO Networks Panama, an international company that offers a broad portfolio of critical mission infrastructure and info...

    Read more
  • December 18, 2020

    Enel signs supply contract with City of Knowledge

    Enel Green Power Panama (EGPP) and City of Knowledge, an innovation community that drives social change through humanism, science and businesses have signed a power purchase agreement (PPA) for the an...

    Read more
  • November 25, 2020

    Gonvarri Solar Steel to supply fixed solar structure 39.36 MW project of EGP

    Gonvarri Solar Steel, a division of Gonvarri Industries, is supplying its RackSmarT® fixed solar structure for a new project of 26.24 MWp in Panama. The project, developed by Enel Green Power, is...

    Read more

Share this update