Chevron Begins Construction of Solar Project at Colón Fuel Terminal
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On 20 August 2026, Chevron commenced construction on a 4.03 MWp solar plant at its Bahía Las Minas fuel terminal in Colón, Panama, which serves as the country’s largest fuel-storage facility. The project, established through a March 2024 agreement with the Colombian energy firm Celsia, will utilize 6,714 solar panels to generate approximately 5.15 GWh of renewable electricity annually. The initiative aims to power 100% of the terminal's operational needs and reduce annual CO2 emissions by roughly 1,809.3 tonnes over a projected 30-year lifespan. Government officials, including National Energy Secretary Rodrigo Rodríguez, attended the groundbreaking ceremony, signaling official support for the industrial energy transition.
Consequences
The completion of the facility will transition the Bahía Las Minas terminal to full reliance on self-generated solar power for its daily operations. This project expands Celsia’s regional portfolio in distributed generation and contributes to Panama's strategic efforts to diversify its national energy mix beyond hydroelectric power.
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