Published on February 21st, 2016 | by Guest Contributor1
Enel Green Power Lands 326 MW Of Renewable Energy Projects In Peru
February 21st, 2016 by Guest Contributor
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.