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February 28, 2022

Santa Cruz, Panama

By Carmen

Santa Cruz is a 74MW onshore wind power project. It is planned in Cocle, Panama. The project is currently in permitting stage. It will be developed in multiple phases. Post completion of the construction, the project is expected to get commissioned in March 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 74 74 Permitting Cocle, Panama innoVent Central America

Description

The project is being developed and currently owned by innoVent Central America.

The project cost is expected to be around $155.4m.

Development Status

Post completion of the construction, the project is expected to get commissioned in March 2024.

Contractors Involved

innoVent Central America is expected to render EPC services for the wind power project.

Santa Cruz (Santa Cruz Phase I) will be equipped with Enercon E-53 / 800 kW turbines. The phase consists of 9 turbines with 0.8MW nameplate capacity.

Methodology

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.

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