Panama Colon Container Energy Storage Products Company

How will POSCO E&C's Colon power plant work?

POSCO E&C will also construct a gas terminal with a storage capacity of 180,000㎥. Power produced from the Colon combined cycle power plant can be supplied to around 15 million households simultaneously, which will ensure a stable supply to the industrial complex near the Panama Canal and Colon area.

What is the largest power plant in Panama?

The power generation capacity of Colon CCPP—380MW—is the largest in Panama. The plant is located in Colon, which lies near the Atlantic entrance to the Panama Canal and is about 60km north of Panama City, the capital of the country. POSCO E&C will also construct a gas terminal with a storage capacity of 180,000㎥.

Where will POSCO E&C build a combined cycle power plant?

POSCO E&C will build the combined cycle power plant with generating capacity totaling 380 MW and the LNG terminal with a capacity of 180,000 m3, located in Colon the Panamanian city and sea port beside the Caribbean Sea.

How does AES work in Panama?

AES Panama owns and operates 1,141 MW of power generation facilities in Panama. The company delivers on its commitment of improving lives by developing greener, smarter, and more sustainable infrastructure and energy solutions that the country needs. Through these efforts, AES Panama has reduced the emission of approximately 16 million tons of CO2.

Who is AES Panama?

AES Panama is a power company accelerating the future of energy. Since the beginning of its operations in the country in 1999, the company has invested USD $2,540 Million. AES Panama owns and operates 1,141 MW of power generation facilities in Panama.

How does Colón work?

Colón uses a technology of combined cycle to achieve a higher efficiency and less environmental impact. It reuses the gases released from the turbines to obtain steam that is later used to move an additional turbine. It is 50% more efficient and requires one third of the water from traditional plants.