Wednesday, May 28, 2014

Panama:

Panama Cancels Geothermal Project (Business News Americas)

Panama authorities have cancelled a concession request for a geothermal project in north-western Panama near the Costa Rica border.

Centram Geothermal, based in Toronto, Ontario, Canada, submitted the request for the 5 MWe Baru-Colorado Geothermal Project hoping to develop the first geothermal power plant in the country.

Previous work, in the 70's and 80's included geochemical, geophysical and slim hole drilling showed anomalous geothermal gradients and indications of a reservoir with temperatures ranging from 180 to 220° C.