Suyin panama city energy storage suspended

Why did Quantum Minerals shut down operations in Panama?

The company is winding down operations as a blockade of small boats at a port restricts key supplies such as coal for energy, a union leader said. First Quantum Minerals Ltd. suspended production in Panama as a blockade of boats restricts key supplies to one of the world’s biggest and newest copper mines.

Why are protests threatening the Panama Canal?

But the mass protests coincided with a historic drought that has limited freight traffic through the Panama Canal, threatening a valuable source of revenue. Congress is yet to approve a budget for next year, while the country’s 2036-maturing sovereign bond hit a 14-year low last month.

Will two Supreme Court decisions protect Panama's government from costly claims?

In Panama, many hope that the two separate Supreme Court decisions against the project are enough to protect the government from costly claims. But Nyer, who is not involved in the case, said arbitration lawyers could tell a different story: the court was mostly political appointees acting quickly under public pressure.

Will Panama's solar thermal plan save the world?

When fully implemented, Panama’s National Solar Thermal Plan will prevent the release of 2.4 million tonnes of carbon dioxide and save Panamanians more than US$110 million annually on fossil fuel bills. Solar powered rooftop heaters are providing hot water for students and staff at the Hato Chami school in northern Panama. Photo: UNEP

Could solar hot water heating help reduce deforestation in Panama?

Alongside countering deforestation, solar hot water heating could also help Panama cut its reliance on fossil fuels, particularly liquefied petroleum gas. A driver of climate change, according to Termosolar Panama the fuel is used to heat most of the over 30 million litres of hot water Panamanians use daily.