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Matarani Solar Plant (97MW)

Sector: Solar • Location: Peru

Source: World Bank Group

Project
Active

"This project involves the development of the Matarani Solar Plant in the Arequipa region of Peru, with a planned generation capacity of 97 MWp. The initiative is sponsored by Yinson Renewables, a Malaysia-based independent power producer (IPP). The project is supported by a 15-year power purchase agreement (PPA). The plant is projected to generate approximately 260,000 MWh annually, helping to si

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The project “Matarani Solar Plant (97MW)” is an infrastructure initiative in the Solar sector, located in Peru. Taiyo aggregates data on it from World Bank Group.

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Description

Description

"This project involves the development of the Matarani Solar Plant in the Arequipa region of Peru, with a planned generation capacity of 97 MWp. The initiative is sponsored by Yinson Renewables, a Malaysia-based independent power producer (IPP). The project is supported by a 15-year power purchase agreement (PPA). The plant is projected to generate approximately 260,000 MWh annually, helping to significantly reduce CO2 emissions while meeting the electricity needs of around 62,000 Peruvian households. The total project cost for this initiative is $91 million, of which $59m was secured through a loan provided by IDB Invest and Natixis. Financial closure is scheduled for November 27, 2024." https://idbinvest.org/en/news-media/idb-invest-and-natixis-facilitate-energy-transition-peru-reducing-emissions-yinson; https://www.pv-tech.org/yinson-renewables-secures-us59-million-financing-for-97mw-solar-plant-in-peru/ ; https://renewablesnow.com/news/idb-invest-natixis-finance-yinsons-97-mwp-solar-farm-in-peru-1267262/ ; https://www.pv-magazine.com/2024/09/30/97-mwp-matarani-plant-begins-operation-in-peru/

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High

Data quality score

100%

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URL

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