Enel Green Power Panamá has announced the start of construction on a 26.24MW Esperanza solar project located in the town of Progreso, district of Barú, in the province of Chiriquí, Panama.

Covering an area of 40ha, the solar project is expected to feature approximately 64,440 monocrystalline photovoltaic panels.

Once operational, the Esperanza solar facility will generate a total energy of 41.85 GWh per year.

The solar project is expected to be completed in the first half of 2021.

The Esperanza photovoltaic solar plant is part the new solar investments that the renewable energy subsidiary of Enel will make between 2020 and 2021 in the country.

According to Enel Green Power Panamá, the total investments will amount to $50m.

In September, the company commenced the construction of the 13.12 MW Jagüito plant in the province of Coclé.

Currently, Enel Green Power Panamá has an installed solar capacity of 62MW. The company expects to take its capacity to more than 100MW by the end of 2021, with the commissioning of Esperanza and Jagüito projects.

Enel Green Power Central America manager Bruno Riga said: “Photovoltaic energy is the fastest growing energy in Panama and at Enel Green Power we are proud to contribute, with one new project, to this significant expansion of renewable energy sources.

“In 2015 we were the pioneers in the development of this technology in the country and we continue to grow to offer Panama, as well as our clients, all the benefits that renewable energies represent for the achievement of its sustainability goals.”

In September, Enel Green Power started operations at the second phase of its Roadrunner solar plant in Upton County, Texas, with a capacity of 245MW.