USTDA Advances Solar Power In Panama
August 17, 2016
(USTDA)
ARLINGTON, VA – The U.S. Trade and Development
Agency awarded a grant to Parque Solar Panamá,
S.A. for a feasibility study supporting one of
the first utility-scale solar photovoltaic
power plants in Panama. The feasibility study
will assess the technical, commercial and
environmental viability of developing a 40
megawatt solar power project located southwest
of Panama City.
This project supports the goals of the Clean
Energy Finance Facility for the Caribbean and
Central America (CEFF-CCA), an inter-agency
initiative to catalyze greater public and
private sector investment in clean energy
infrastructure across Central America and the
Caribbean. This is the third grant that USTDA
has awarded as part of the CEFF-CCA
initiative.
“USTDA is pleased to partner with Parque Solar
Panamá on this important renewable energy
project,” said Nathan Younge, Regional Director
for Latin America and the Caribbean. “Solar
power has a strong potential for expansion in
Panama. USTDA looks forward to continuing to
support additional clean energy initiatives in
the region under the CEFF-CCA initiative.”
"We appreciate USTDA’s support to help us move
this project forward,” said Franklin Chalmers,
President of Parque Solar Panamá. “This solar
plant will help Panama increase its supply of
renewable energy and reduce its carbon dioxide
emissions."
Businesses interested in submitting proposals
for this USTDA-funded feasibility study should
visit the Federal Business Opportunities (FBO)
website at www.fbo.gov. A
link to the FBO announcement will be posted to
USTDA’s website at https://www.ustda.gov/business-opportunities.
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