Penonome Solar PV Park is a 150MW solar PV power project. It is located in Cocle, Panama. The project is currently active. It has been developed in single phase. Post completion of construction, the project got commissioned in January 2021.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 150 150 Active Cocle, Panama Avanzalia Solar


The project is developed and owned by Avanzalia Solar.

Penonome Solar PV Park is a ground-mounted solar project.

The project generates 239,000MWh of electricity. The project cost is $160m.

The project consists of 450,000 modules.

89 inverters have been installed at the project site.

Development Status

The project got commissioned in January 2021.

Contractors Involved

TSK Electronica y Electricidad was selected to render EPC services for the solar PV power project.

The project is utilising trackers supplied by Imenergy Power Plants.

About Avanzalia Solar

Avanzalia Solar SL (Avanzalia) is a renewable energy company that develops, promotes, and designs renewable energy projects. The company installs and implements solar power plants and wind farms to generate clean energy. It assists in investing and participating in installations for generating clean technology. Avanzalia provides turnkey services such as management of grants and financing, technical project, specific requirements, permits and licenses, connection points, and constructs large-scale photovoltaic solar power plants. The company serves parking lots, commercial and industrial buildings, service stations, golf courses and solar power plants. Avanzalia is headquartered in Madrid, Spain.


All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.