Panama cancels renewables auction

Panama has canceled an auction it announced in February for 500 MW of renewable energy capacity. It would have been the country's first renewable energy tender in a decade and the first in Central America to include battery storage systems. From pv magazine LatAm Panama's National Secretariat of Energy launched its first renewable energy tender in 10 years in February, marking the first auction in Central America to include battery storage systems. The tender was designed to allocate 500 MW of capacity and 20-year power purchase agreements (PPAs) with electricity distribution companies. However, ...

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