From pv journal LatAm

Panama’s National Secretariat of Energy launched the primary renewable vitality tender in 10 years in February, marking the primary public sale in Central America that features battery storage methods. The tender is designed to allocate 500 MW of capability and 20-year energy buy agreements (PPAs) to energy distribution firms.

However, the Secretaría Nacional de Energía (SNE) suspended the tender final week, concluding that it “doesn’t meet the minimal necessities to ensure transparency to traders, or the event of costs for these Panamanian.”

“After an entire overview of the contracting scheme, it was discovered that the parameters introduced by the earlier administration didn’t assure the readability and transparency required for efficient competitors,” stated SNE. “The giant variety of feedback and clarifications obtained throughout the session emphasizes the necessity to make vital modifications to the tender necessities.”

SNE will launch a overview of the vitality contracting course of based mostly on present laws. It says that if the overview requires modifications to present laws, it’s going to make these modifications after in depth session with the electrical energy sector.

According to the most recent statistics from the International Renewable Energy Agency (IRENA), Panama could have almost 570 MW of put in PV capability by the top of 2023. It has put in about 40 MW of latest photo voltaic final yr.

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