Originally published on Sustainnovate.
By Henry Lindon
Enel Green Power, a 2015 Zayed Future Energy Prize finalist, has entered into Peru’s marketplace, with the recent announcement of 3 new projects — one solar energy, one wind energy, and one hydroelectric. The 3 projects are all currently expected to enter service before 2018. The contracts relate to 180 megawatts (MW) of new solar photovoltaic (PV) project capacity, 126 MW of new wind energy capacity, and 20 MW of new hydroelectric capacity — for a total of 326 MW of new renewables capacity.
The Italian company was granted 20-year contracts for the 3 projects, all of which “provide for the sale of specified volumes of energy generated by the plants.” The projects won the contracts via a recent renewable energy tender launched by the energy regulator Osinergmin.
A press release from the Rome, Italy–based company noted: “With 326 MW awarded in the tender, EGP will become by 2018 the main renewable player in Peru and the only company operating plants of 3 different renewable technologies in the country.”
Altogether, development costs for the 3 projects are expected to total around $400 million.
A couple of further details — the Nazca wind energy project will be installed in the southern region of Ica; the Rubi solar PV project will be found in the southern region of Moquegua; and the Ayanunga hydroelectric project will be found in the central region of Huanuco.
The Nazca project is expected to generate around 600 gigawatt-hours (GWh) of electricity annually; the Rubi project around 440 GWh a year; and the Ayanunga project around 140 GWh a year.
Image by Joseph Villanueva (some rights reserved)
Sign up for daily news updates from CleanTechnica on email. Or follow us on Google News!
Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.
Former Tesla Battery Expert Leading Lyten Into New Lithium-Sulfur Battery Era — Podcast:
I don't like paywalls. You don't like paywalls. Who likes paywalls? Here at CleanTechnica, we implemented a limited paywall for a while, but it always felt wrong — and it was always tough to decide what we should put behind there. In theory, your most exclusive and best content goes behind a paywall. But then fewer people read it! We just don't like paywalls, and so we've decided to ditch ours. Unfortunately, the media business is still a tough, cut-throat business with tiny margins. It's a never-ending Olympic challenge to stay above water or even perhaps — gasp — grow. So ...