Greenwood Energy to build 1-MW solar system in Panama

Solar panels. Featured Image: foxbat/Shutterstock.com

July 28 (SeeNews) - US renewable energy firm Greenwood Energy said Monday it would build and operate an up to 1-MW distributed solar power system at the Hospital Chiriqui in David city, Panama.

The company will initially install a photovoltaic capacity of 500 kW to be divided between rooftop and carport structures.  The remaning, up to 500-kW, will be added on other allocations yet to be determined.

All solar power facilities will be built under a 30-year power purchase lease and will primarily provide net-metered power to the hospital.

Camilo Patrignani, CEO of Greenwood Energy, said this type of projects can dramatically improve power reliability for critical infrastructure while cutting power costs.

This is not Greenwood’s first project in the country. Last year the firm developed Panama’s first utility-scale solar installation. Also in 2014, the US firm completed a 40-MW solar project in Chile’s Atacama Region and announced future rooftop solar projects across the region.

More stories to explore
Share this story
About the author
Browse all articles from Lucas Morais

Lucas is based in Brazil. He joined Renewables Now to expand coverage of the Ibero-American market, a highly attractive destination for green energy investment.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription