Enel begin on 31-MW solar plant in Panama

• Italy's Enel SpA (BIT: ENEL) has actually commenced building and construction of a 30.88-MW solar park in Panama's province of Chiriqui.

The company stated on Tuesday that the Madre Vieja photovoltaic or pv (PV) plant is expected to begin feeding power into the regional grid in December 2021 while commercial procedure is set for February 2022.

Madre Vieja will certainly contain 68,220 photovoltaic panels and also have the ability to generate 48.68 GWh of electricity per year, sufficient to counter over 12,574 tonnes of carbon dioxide (CO2) exhausts each year.

Along with the 13-MW Jaguito and the 26-MW Esperanza solar farms, Enel Green Power Panama (EGPP) has actually spent a total amount of USD 130 million (EUR 109.5 m) in Panama's solar market.

Currently, EGPP runs the 300-MW Fortuna hydropower plant (HPP), the 12-MW Chiriqui as well as the 8-MW Cocle solar parks as well as the 42-MW Sol Real PV complicated.