The wind farm will boast 51, 2MW wind turbines and is planned for districts Penonomé and Coclé, according to a resolution from the watchdog. The 40-year concession may be extended for the same period.
The developer has 270 days to begin construction and 550 days to carry out works. Commercial operations would begin within 120 days of completion.
Unión Eólica earlier this year signed 15-year PPAs with distributors Edechi, Edemet and Ensa awarded in December in the country’s first wind power auction to start supply in 2014.
The company already holds definitive generation licenses for wind farms Nuevo Chagres (169MW), Marañón (18MW) and Portobelo (48MW), and is in the process of securing a definitive wind generation license for Cerro Azul (40.8MW). Nuevo Chagres, Marañón and Portobelo are in final design, according to Asep’s latest generation license report.