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Panama invests $1 billion in 16 new hydro projects

Wednesday, April 13, 2011


Panama has begun developing 16 hydroelectric projects with a total of investment of over $1 billion.

These private sector projects are expected to be completed by 2015 and add a 700-megawatt capacity to the country’s power grid.

Panama is facing steadily increasing power demand due to its economic development.

 

 

Original source: Xinhua