Panama to get a wind farm

Panama’s boom means that the electricity supply is becoming really tight these days. There are a few small hydro-electric projects being built (amazingly, this tiny country has over 500 rivers), but now here news that a 400 MegaWatt wind farm will soon be built.

MADRID, Dec. 12, 2007  Fersa Energias Renovables SA will invest 700 mln eur to construct two wind farms in Panama, Negocio reported, citing comments from the renewable energy group’s (NYSE:RWE) chairman Jose Maria Roger.

The first phase of wind farms will have a total capacity of 400 megawatts, the newspaper said.

Fersa is negotiating with GE (NYSE:GE) Energy, Gamesa, among others to import wind turbines for the project and to set up frameworks for future agreements, with 1,650 megawatts of total installed capacity targeted by 2011, Negocio said.

This is nice to see!

One Response to “Panama to get a wind farm”

  1. on 21 Dec 2007 at 1:54 pm Gordo

    Any idea exactly where these will be located? From what I’ve read & heard so far, strong winds are largely a seasonal phenomena - doesn’t seem like it would be necessarily the best choice as a renewable energy choice, especially, since as you noted, there are numerous opportunities for Hydro. Which reminds me, I remember reading somewhere about a major hydro project the was being proposed for La Amistad region (I think) that was meeting a lot of opposition from people worried about the ecological consequences.

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