EDF Iquitos Solar PV Park is a 100MW solar PV power project. It is planned in Loreto, Peru. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2024 and is expected to enter into commercial operation in 2025.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 100 | – | 100 | Permitting | Loreto, Peru | EDF Renewables |
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Description
The project is being developed and currently owned by EDF Renewables. The company has a stake of 100%.
EDF Iquitos Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $140.5m.
Development Status
The project construction is expected to commence from 2024. Subsequent to that it will enter into commercial operation by 2025.
Power Purchase Agreement
The power generated from the project will be sold to Electro Oriente under a power purchase agreement for a period of 20 years. The offtake capacity is expected to be 100MW.
About EDF Renewables
EDF Renewables Inc (EDF Renewables), formerly, enXco, Inc., is an independent power producer and service provider. The company delivers grid-scale power: onshore and offshore wind, solar photovoltaic, and storage projects. Its major services include project management, asset management and operation, retrofits and upgrades, and maintenance of electricity generation projects. The company has operations across the US, Canada and Mexico. The company provides origination, development, transaction and construction services for offshore and onshore large-scale wind, solar photovoltaic and storage projects. EDF Renewables is headquartered in San Diego, California, the US.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
