The solar photovoltaic power plant enables Panama to achieve energy independence and energy security.

"Cangshi Europe" China-Europe train is jointly operated by China-Central and Eastern Europe (Cangzhou) SME Cooperation Zone, Hungary China-Europe Business and Logistics Cooperation Park and Shijiazhuang International Dry Port, with a total of 100 standard containers loaded with photovoltaic modules, generator stator sections,solar lighs etc. Exported goods, valued at 22.2428 million yuan, are expected to arrive at Budapest Bilk Station in 18 days.
In addition to hydropower resources, Panama also has abundant sunlight resources, with an annual effective utilization of about 1,600 hours. In recent years, the Pakistani government has increased investment in the field of photovoltaics, and the number of photovoltaic users has grown rapidly. From June 2019 to March 2022, the number of rooftop photovoltaic users nationwide has nearly doubled, and the installed capacity has increased by 70%. The Icacos photovoltaic power station in Chiriqui province was put into use in February 2019, with a generating capacity of 88.75 MW, which can meet the needs of 49,000 households. Panama National Energy Secretary Rivera said that the promotion of photovoltaic technology will help Panama achieve energy independence and energy security. Relevant government departments will jointly implement incentive policies to further simplify the application procedures for the installation of solar power generation equipment, and promote relevant project financing and technology research and development.

"Renewable energy is the future of the energy industry," said Hernandez, director of commercial marketing at Panama International Energy Group. Between 2018 and 2021, the group used clean energy to generate nearly 350 million kilowatt-hours of electricity, equivalent to 121,000 households. A year of electricity consumption; at the same time, carbon dioxide emissions were reduced by 169,000 tons, equivalent to the total emissions of about 60,000 cars. 

The analysis pointed out that in the past, Panama's fossil fuels mainly relied on imports, which were greatly affected by price fluctuations in the international market, and the cost of residential and commercial electricity was relatively high. The implementation of the new comprehensive development plan for the power sector will not only help achieve the 2050 carbon neutrality goal, but will also gradually reduce the actual expenditure on electricity bills by residents and businesses.