Celsia and Chevron Forge Solar Partnership for Sustainable Energy in Panama

Celsia, an energy company under the Argos group, specializing in energy efficiency projects and management of generation, transmission, and distribution assets across multiple countries, has recently forged a partnership with Chevron of Panama. This collaboration focuses on installing and operating a solar plant at Chevron’s fuel terminal in Bahía Las Minas, Colón, boasting an impressive 4.03 MWp capacity. This solar plant will provide Chevron with 100% of the energy required for its terminal operations, marking a significant step towards renewable energy adoption.

Javier Gutiérrez, Leader of Celsia Centroamérica, emphasized their commitment to Panama’s sustainable development and the region’s transition to a decarbonized energy matrix. Gutiérrez expressed enthusiasm for the project, highlighting Celsia’s dedication to offering sustainable solutions to strategic partners.

Notably, this solar farm will enable Chevron’s Bahía las Minas Terminal, the country’s largest fuel storage facility, to reduce carbon dioxide (CO2) emissions by 1809.3 tons annually, equivalent to planting 100,519 mature trees. The installation will comprise 6,714 solar panels spread across a 4-hectare area.

This initiative underscores the pivotal role of renewable energies in combating climate change and reflects both companies’ commitment to Panama’s carbon-negative aspirations.

Doriana Hun, General Manager of Chevron of Panama, stressed the project’s alignment with Chevron’s global objective of reducing carbon footprint. Hun highlighted Chevron’s ESG (Environmental, Social, and Governance) journey, emphasizing the importance of setting an example as business leaders and contributing to the goals of the 2030 Agenda.

Furthermore, Hun pointed out the significance of even small-scale initiatives, citing Chevron’s local efforts in Panama, which have resulted in substantial water and energy savings, along with a notable reduction in CO2 emissions. This underscores the company’s dedication to sustainability on both global and local scales.