About Panama Smart Energy Storage Project
The country's National Secretary of Energy and the state-owned power transmission company Empresa de Transmisión Eléctrica SA (ETESA) are seeking 500 MW of renewables and energy storage capacity, for which the bidding will be held in the second quarter of this year following a formal publication of application in February.
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About Panama Smart Energy Storage Project video introduction
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3 FAQs about [Panama Smart Energy Storage Project]
When will a 500MW energy storage application be released?
Publication for the application will be released in February of this year. Panama has launched a 500MW tender auction for renewables and energy storage, the first in Central America to include storage.
What is a 500 MW energy storage auction?
Panama has initiated a groundbreaking 500 MW tender auction encompassing renewables and energy storage, marking the first such auction in Central America to include storage.
How much MtCO2 will be reduced in Panama?
The scheme expects to ensure the reduction of 17.5 MtCO 2, representing 29% of Panama’s total Nationally Determined Contribution within the Paris Agreement framework. Do you want to become an expert on renewable energies auctions?