Ikakos Solar PV Project is a 40MW solar PV power project. It is located in Chiriqui, Panama. The project is currently active. It has been developed in multiple phases. The project construction commenced in 2017 and subsequently entered into commercial operation in February 2019.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 40 40 Active Chiriqui, Panama Cobra Instalaciones y Servicios; Grupo Gransolar


The project was developed by Cobra Instalaciones y Servicios and Grupo Gransolar. The project is currently owned by InterEnergy Holdings.

Ikakos Solar PV Project is a ground-mounted solar project which is spread over an area of 98 hectares.

The project generates 84.58GWh electricity and supplies enough clean energy to power 22,000 households, offsetting 56,836t of carbon dioxide emissions (CO2) a year. The project cost is $48m.

Development Status

The project construction commenced in 2017 and subsequently entered into commercial operation in February 2019.

Contractors Involved

Grupo Gransolar was selected to render EPC services for the solar PV power project.

Jinko Solar was selected as the supplier of the PV modules for the project. The company installed 138,960 modules at the site.

Jema Energy supplied 16 of its 2.6 MVA IFX6 1500 V inverters to the project site.

The project is utilising single axis trackers supplied by Solar Steel Gonvarri Industries.

About Cobra Instalaciones y Servicios

Grupo Cobra is a Spain based Company that delivers engineering, operations, installation and maintenance services.

About Grupo Gransolar

Grupo Gransolar SL (GRS) is an energy company involved in downstream engineering, development, and operation of solar photo voltaic (PV) power plants. It carries out design, engineering, consulting, supply of substructures, solar trackers, controllers, and SCADA systems. The company provides project development, construction, plant commissioning, network connection and turn-key energy storage solutions. In addition the company offers operation and maintenance services including plant inspection, testing, monitoring and supervision, trackers and control systems. GRS caters to industry partners, corporations, and financial institutions. The company has operations with offices in the US, South Africa, Bulgaria, Italy, Mexico, Brazil and others. GRS is headquartered in Alcobendas, Madrid, Spain.


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