The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Panama launching 500MW renewable energy and energy storage scheme


Panama has launched a 500MW tender auction for renewables and energy storage, the first in Central America to include storage.

The bidding process – held by the national secretary of energy and state-owned electricity transmission company, Empresa de Transmisión Eléctrica SA (ETESA) – is seeking 500MW of capacity and will be held in the second quarter of 2024. Publication for the application will be released in February of this year.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

Winning bidders will need to have projects operational by 1 September 2026, for existing renewable projects and new solar PV plants.

Offtake agreements will be completed depending on three different schemes based on power for new or existing renewable projects supported with energy storage, energy from new or existing renewable projects, or firm power coupled with energy.

The government’s resolution can be accessed here (in Spanish).

See the full version of this article on PV Tech.

Read Next

July 17, 2024
Winning bids as low as IR3.41/kWh (US$0.041/kWh) have been registered in a tender for solar PV paired with battery storage hosted by the Solar Energy Corporation of India (SECI).
July 17, 2024 Premium speaks to one of the chief architects of the Capacity Investment Scheme (CIS), aimed at breaking down barriers to investment and deployment in Australia’s renewable energy and storage sectors.
July 16, 2024
Independent power producer (IPP) Atlas Renewable Energy discussed its large-scale BESS projects in Chile, where gigawatts of projects are expected to come online in the next few years.
July 12, 2024
Emerging energy storage markets across Asia face a similar learning curve today as their maturing counterparts have done in the past.
July 11, 2024
India’s cumulative battery energy storage system (BESS) installations stood at 219.1MWh at the end of March 2024, according to Mercom India.

Most Popular

Email Newsletter