Panama, February 27, 2018. Greenwood Energy Latinoamérica, has expanded its contract at Los Molinos rice mills in in Santa Isabel and Las Mercedes at Coclé, Panama, taking the installation up to 540 kW after successfully completing the 30 kW pilot phase.
The ‘distributed generation’ solar power system is located on Los Molinos’s owned land adjacent to the mills, and will provide net-metered power for 25 years. At these mills, rice is delivered in bulk, transported in elevators that allow moisture into the grains and from there distributed to the different dryers where the rice achieves optimal humidity for long-term storage.
Greenwood Energy LatinoAmerica has a track record for providing grid-connected solar energy facilities for both Net Metering and Power Purchase Agreement applications. The company draws upon the expertise and track record of its USA-based sister company within the Libra Group, Greenwood Energy, which has developed 82.98 MW solar PV in four portfolios since 2013.