Peru grants concessions for 524 MW of planned renewables

Peru’s ministry of energy and mining on Wednesday said it had granted concessions for three new renewable energy projects with a potential to bring around 523.8 MW of combined capacity.

Two of the concessions are definitive and the third one is temporary, meaning that it was granted for the development of a feasibility study for the project.

The ministry said it handed promoter Kallpa Generacion SA the definitive concession for its 204-MW Sunny solar PV project in the region of Arequipa. The company Hidroelectrica America SAC also obtained one for its 19.8-MW Pachachaca 2 hydro power project.

Meanwhile, Zeus Energia SAC secured the temporary concession to start feasibility studies for the Huascar wind farm project, which is expected to have 300 MW of installed capacity. The project site is in the Piura region in northwestern Peru.

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