Year:2013 (June 10th)
Policy status:In Force
Date Effective:2013 (June 10th)
Policy Type:Economic Instruments>Market-based instruments, Regulatory Instruments
Renewable Energy Policy Targets:Solar, Solar photovoltaic
Policy Sector:Electricity
Size of Plant Targeted:Small and Large
Renewable Energy Description:

In 2013 Panama introduced system of reverse auctions for procuring solar PV installations. Auctions are open to private investors who bid for guaranteed electricity prices for period up to 20 years. Projects are selected based on the lowest offered price of the generation.

In 2016, auction system was amended. 

Last modified: Mon, 12 Sep 2016 16:58:00 CEST