La Joya Solar PV Park is a 500MW solar PV power project. It is planned in Arequipa, Peru. The project is currently in permitting stage. It will be developed in single phase. The project construction is likely to commence in 2022 and is expected to enter into commercial operation in 2024.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Solar PV | 500 | – | 500 | Permitting | Arequipa, Peru | Kallpa Generacion |
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Description
The project is being developed and currently owned by Kallpa Generacion. The company has a stake of 100%.
La Joya Solar PV Park is a ground-mounted solar project.
The project cost is expected to be around $745m.
Development Status
The project construction is expected to commence from 2022. Subsequent to that it will enter into commercial operation by 2024.
About Kallpa Generacion
Kallpa Generacion SA (Kallpa) generates and transmits electricity. The company focuses on developing, operating and maintaining power generation plants to supply clean energy. It carries out the operation and maintenance of assets and development of electrical power generation projects in Peru. The company generates electricity through combined cycle power plant, which uses natural gas and steam for power generation. It owns and operates hydroelectric plants and thermal power plants. Kallpa also develops renewable energy projects. It operates a hydroelectric plant in the central highlands of Peru. The company operates as a subsidiary of I.C. Power Holdings (Kallpa) Ltd. Kallpa is headquartered in Lima, Peru.
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.
