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These are data from the National Public Services Authority (ASEP). Last year, solar energy accounted for 7.76% of the total generation of the national electricity system. Panama closed 2024 with the addition of 143.39 MW of photovoltaic energy to the National Interconnected System (SIN), reaching 695.55 MW, representing 13.79% of total installed capacity, according to data presented by the National Public Services Authority (ASEP). By technology, Panamas installed capacity in 2024 concluded with 2,165.97 MW corresponding to thermal plants of different technologies (42.93%), 1,847.57 MW hydroelectric (36.62%), 336 MW wind (6.66%), and the aforementioned 695.55 MW photovoltaic (13.79%). Of the total of 5,045.09 MW of installed capacity, 4,499.04 MW (89.18%) correspond to plants that provide public electricity service in the SIN, 493.72 MW (9.79%) to self-generation plants also connected to the SIN, and the remaining 52.33 MW (1.04%) belong to isolated systems. Regarding the total gross electricity generation in 2024, which was 13,147.04 GWh, 60.08% was due to hydroelectric plants, thermal plants generated 27.07%, wind power contributed 5.09%, and photovoltaic power contributed 7.76% of the systems total generation. According to data provided by ASEP, the country has 49 solar installations, among which the most notable is the 120 MW Penonomé solar plant , inaugurated by Avanzalia Panama, a subsidiary of the Spanish multinational Avanzalia Solar, in 2021. A few days ago, the launch of a long-term public tender was announced , with the aim of contracting energy to cover the contracting obligations of electric power distribution companies. In December of last year, an agreement was announced between Power Construction Corporation of China (PowerChina) and Panamas Sajalices Energy to build the 530 MW Sajalices photovoltaic project . In 2016, Panama approved an energy plan with the goal of reaching 70% penetration of renewable energy by 2050 . |
