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Panama · asset class

Power Plants in Panama

Panama has 27 power plants mapped on the OverWatts open energy atlas — the 79th-largest fleet of the 155 countries that hold any, and under 0.1% of the world's mapped total. Of these, 10 operating and 14 under construction or proposed. Operating generation capacity totals 2.6 GW across 10 utility-scale plants of 100 MW and above. The largest is Gatún power station (670 MW).

The largest owner-operators are AES Panamá SRL (4), Minera Panamá SA (3) and Avanzalia Panamá SA (1) — AES Panamá SRL alone is named on 15% of them. Half of Panama's power plants in service predate 2018 (median commissioning year of the 10 with a known date), 5 came online in the past decade and the oldest still listed is Bayano hydroelectric plant, dating from 1976. 14 are in the pipeline, led by Sajalices solar farm (530 MW), proposed. They account for 75% of every energy asset OverWatts maps in Panama.

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27
Power Plant in Panama
#79
of 155 countries
2.6 GW
Operating capacity
14
In construction / proposed

Operating generation capacity by fuel

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Largest power plants in Panama

Who owns Panama's power plants

Counts an asset once per company named as its owner or operator; a joint venture counts for each partner.

When they were built

Median commissioning year 2018 · oldest Bayano hydroelectric plant (1976) · newest Gatún power station (2024) · 10 of 27 carry a start date

Under construction & proposed

How Panama compares · power plants by country

Frequently asked

How many power plants are there in Panama?
OverWatts maps 27 power plants in Panama — under 0.1% of the world's mapped total, the 79th-largest national fleet of the 155 countries with any.
What is the largest power plant in Panama?
Gatún power station, at 670 MW, operated by Generadora Gatún.
How much power-generation capacity do Panama's power plants have?
About 2.6 GW operating across 10 plants, with a further 2.9 GW under construction or proposed. That covers utility-scale sites of 100 MW and above, so it sits below national installed capacity wherever distributed generation is large.
Who owns the power plants in Panama?
AES Panamá SRL is named as owner or operator on the most — 4 of 27 (15%). Next are Minera Panamá SA (3), Avanzalia Panamá SA (1) and Avanzalia Solar (1).
How old are Panama's power plants?
The median commissioning year is 2018, across the 10 in service with a known start date. The oldest still listed is Bayano hydroelectric plant (1976); 5 came online in the past ten years.
What new power plants are being built in Panama?
14 projects are under construction or proposed. The largest are Sajalices solar farm (530 MW), Panamá Cotoba solar farm (250 MW) and Bocas Del Toro hydroelectric plant (224 MW).

Other asset classes in Panama

LNG Terminal 3Cement Plant 3Pipeline 2Grid Storage 1

Power Plants in other countries

China 11,537United States 3,831India 1,675Brazil 879Spain 653Australia 615Philippines 489Russia 461Canada 452Vietnam 392Japan 387Germany 335