More than a quarter of primary energy in Latin America and the Caribbean currently comes from renewables — or twice the global average. Nestled in that picture of progress is Panama, which aims to transform 50 percent of its generation capacity to renewables by 2050. Kali Persall, editor of Institutional Investing in Infrastructure (i3), spoke with Fernando Zúñiga, managing director, Latin America & Caribbean at MPC Energy Solutions (MPCES), about the state of the renewables market in Panama and Latin America more broadly. Zúñiga has more than 12 years of experience in the renewable energy industry as a consultant, principal investor and project developer.

In May 2023, MPCES entered Panama’s market with new developments focusing