Panama receives eight wind project proposals in first tender

Spain’s Unión Eólica Panameña has presented four of the eight wind power project proposals presented in Panama’s power tender, held by the transmission company, Etesa.

Helium Energi Panamá presented two projects, while Germany’s Innovent Central América and Spain’s Fersa Panamá presented one each.

The lowest offer came in at $0.09/kWh, and the highest came in at $0.12/kWh, although the price had been fixed at $0.11/kWh. Contracts will be for 15-year terms and must come on line by the end of 2013.

Results are expected to be announced by Etesa within two weeks.

To participate, developers must have already obtained an operational licence from the national public services authority, Asep.

Developers with more than 550MW worth of wind projects are…

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