More

    Major Wind Farm Project Starts in Panama

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    This week Panama President Ricardo Martinelli announced the start of construction Central America most ambitious wind energy farm.

    To be in full operation in 2013, the project will generate approximately 7 percent of Panamaโ€™s requirements and cost $445 million to develop.

    Although tens of millions of tons of oil products pass through the Panama Canal, Panama itself has very few energy resources. Due to this Panama is working towards alternative energy solutions. Currently Panama has a heavy reliance on hydroelectric and geo-thermal generation.

    Currently there are approximately 90 hydroelectric under planning and/or development in Panama in response to future requirements. The Panamanian National Secretariat of Energy recently stated that electricity rate increases are expected to increase between 25% and 30% in the next several years.

    This Wind farm solution will cut oil need by 145,000 tons per year to start, and reduce carbon dioxide pollutants by 450,000 tons, according to officials.

    The Costa Rica News (TCRN)
    San Jose Costa Rica
    Category: Latin America News

    Resonance Costa Rica
    At Resonance, we aspire to live in harmony with the natural world as a reflection of our gratitude for life. Visit and subscribe at Resonance Costa Rica Youtube Channel https://youtube.com/@resonanceCR
    - Advertisement -
    - Advertisement -
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    The World after COVID Recovers, but Forgets the Poorest, Warns UNDP

    Humanity has recovered its pre-pandemic level of development, but the record expected for 2023 hides a growing gap between...
    - Advertisement -

    More Articles Like This

    - Advertisement -
    Language ยป