4 FAQs about Panama colon electric construction energy storage equipment

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 is the colon multi-thermal power plant project located?

(Photo:POSCO E&C) POSCO Engineering and Construction Co. (POSCO E&C) kicked off the construction of the Colon Multi-Thermal Power Plant Project in the Telfers Industrial Complex in Colon Province, Panama, in a ceremony on April 27 at the complex.

Can GE turn Panama into a regional energy hub?

The use of the LNG regasification infrastructure will be a key aspect to turn Panama into a regional energy hub. GE established its first office in the Central America region in Honduras, in 1906. It has since expanded throughout Central America and the Caribbean and participated in large-scale projects, such as the Panama Canal.

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