From pv magazine LatAm
Panama installed 143.39 MW of new PV capacity in 2024, according to the National Public Services Authority (ASEP).
By the end of December, the country's total installed solar capacity had reached 695.55 MW, accounting for 13.79% of national electricity generation capacity.
Panama’s total installed capacity in 2024 stood at 5,045.09 MW, including 2,165.97 MW from thermal power (42.93%), 1,847.57 MW from hydropower (36.62%), 336 MW from wind power (6.66%), and the newly deployed PV capacity.
Of this total, 4,499.04 MW (89.18%) came from plants supplying public electricity in the National Electricity System (SIN), 493.72 MW (9.79%) from self-generation plants also connected to SIN, and 52.33 MW (1.04%) from stand-alone systems.
Panama generated 13,147.04 GWh of electricity in 2024, with hydropower contributing 60.08%, thermal plants 27.07%, wind power 5.09%, and PV energy 7.76%.
The country’s 2016 energy plan set a target of 70% renewable energy penetration by 2050.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.