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Home - Policy - PowerChina to build 530 MW of solar energy in Panama – SPE
Policy

PowerChina to build 530 MW of solar energy in Panama – SPE

solarenergyBy solarenergyDecember 31, 2024No Comments2 Mins Read
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China Power Construction Corp. (PowerChina) will develop 530 MW of solar energy in Panama after winning an engineering, procurement and construction (EPC) contract from local company Sajalices Energy Co.

December 30, 2024
Patrick Jowett

Image: Luis González, Unsplash

PowerChina has signed an EPC contract for the construction of 530 MW of solar energy in Panama.

Sajalices Energy awarded the contract and signed it at PowerChina’s regional headquarters in Panama.

The agreement includes the design, construction, installation, commissioning, pilot operation, handover and testing of the Sajalices photovoltaic project in Cermeno, Panama Oeste province.

Zhang Guolai, general manager of PowerChina Americas, said the deal will deepen the company’s presence in Latin America. He added that the project will boost Panama’s clean energy supply, support carbon neutrality goals and promote regional economic growth.

According to the International Renewable Energy Agency (IRENA), Panama had installed approximately 570 MW of solar energy by the end of 2023.

In October 2024, the country launched an energy auction with the aim of contracting power between 2025 and 2030.

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See also  Construction begins on a 200 MW solar project in Argentina – SPE
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