February 16 (SeeNews) - Panama's National Secretary of Energy announced on Monday that wind power generation had surpassed that from hydropower plants (HPPs) on February 7 and reached a share of over 25%.
To be more specific, wind produced 25.31% of the country's power, while HPPs accounted for 22.15%. This is good news for country as wind could help guarantee more stable supply even in the dry season.
According to a report by the National Dispatch Center, Panama's wind power output in December 2015 amounted to 889.11 GWh. Currently, the country has one big wind complex -- the Penonome project. It has a capacity of 270 MW currently with 108 turbines installed.
Recently, UK solar company Solarcentury also connected a 9.9-MWp unsubsidised solar farm in Panama. More solar projects are expected.
Since 2014, Panama has saw renewables investment reach about USD 580 million (EURm).
(USD 1 = EUR 0.895)