Panama, September 2, 2015. Greenwood Energy Latinoamérica today announced that it will develop and operate a distributed generation solar photovoltaic (PV) power system with up to one megawatt (MW) capacity at the Hospital Chiriqui in David, Panama.
The project is located on hospital grounds in the municipality of Chirqui, and will primarily provide net-metered power to the 27-year old private hospital. The first phase totaling approximately 500-kilowatt (kW) capacity will be split between rooftop and carport solar installations and will feature an innovative 30-year power purchase lease. A second phase will add up to an additional 500kW capacity with specific allocations to be determined.
A spokesman for Greenwood Energy Latinoamérica stated: “Distributed solar PV projects can dramatically improve power reliability for critical infrastructure while cutting power costs, especially when combined with energy storage. We’re focused on providing distributed generation to customers in Panama and across Central America to help individual commercial customers realize solar’s potential and allow renewable energy to compete with retail electricity generation on cost.”
The Chiriqui Hospital project adds to Greenwood’s expanding solar portfolio across Latin America. In 2014 the company constructed Panama’s first utility-scale solar installation, completed a 40MW solar project in Chile’s Atacama Region, and announced it would develop new commercial rooftop projects across the region.