Panama’s renewable energy movement is gaining real traction. The country has reached 170 megawatts (MW) of installed capacity in self-consumption systems and surpassed 6,000 active users, marking a 42% growth in 2025 alone, according to the National Public Services Authority (ASEP).
This momentum reflects a significant shift in how Panamanians generate and use electricity. Homeowners, businesses, and industrial operators are increasingly adopting solar panels to produce their own energy near the point of consumption. The advantages are clear: reduced transmission losses, lower monthly bills, and a meaningful contribution to environmental goals.
ASEP’s data shows that Panama added 47.27 MW in 2024, setting a historic record. The first eight months of 2025 brought another 22.6 MW of new installations, driven largely by mid-scale residential and commercial projects.
Jesús González, Executive Director of the Cámara Panameña de Energía Solar, highlighted that this rapid adoption demonstrates growing confidence in Panama’s distributed generation system. “Thousands of families and companies have reduced their energy costs while supporting national CO₂ reduction targets,” he said.
Solar Energy and Real Estate Potential
This solar surge is opening new frontiers for real estate investment, particularly in areas where access to grid power remains limited. Communities such as Mariato, Torio & Morrillo in Veraguas and Cambutal in Los Santos are excellent examples of regions where off-grid systems make sustainable living not only possible but comfortable.
As Andrés E. Padrón, Realtor at Casa Solution, explains: “I recently received quotes for a $23,000 solar system—without batteries—that could save up to $1,000 per month in electricity bills for one of my businesses. Systems like this offer a great hybrid model for property owners who want the best of both worlds: partial grid connection and independent power generation.”
With solar technology becoming more affordable and reliable, off-grid and hybrid homes are no longer limited to remote eco-retreats. Buyers now see them as practical and future-proof investments, especially in regions like Veraguas and Los Santos where infrastructure is expanding but still catching up with demand.
A Cleaner, Smarter Panama
Panama’s focus on clean energy is not just about sustainability—it’s also about competitiveness. The rise of self-generation strengthens the country’s energy resilience and attracts eco-conscious investors who recognize the long-term financial benefits of renewable energy.
If regulatory stability continues and fair compensation models are maintained, experts predict Panama could double its self-consumption capacity within the next few years.
Looking Ahead
For property buyers and investors, this growing trend means new opportunities in areas previously considered “off-grid.” With solar power now mainstream, owning a home or business in emerging coastal or mountain communities is more viable—and appealing—than ever.
Casa Solution Real Estate continues to guide buyers interested in sustainable, off-grid, and hybrid living solutions throughout Panama, from the Pacific coastlines of Veraguas to the eco-rich highlands of Chiriquí.
Date: October 26, 2025
