Feb 20 2010
The Government of Peru has awarded a contract to Solarpack and Spanish T-Solar to supply 173 GWh of solar photovoltaic power per year for a period of 20 years. Solarpack is a leading photovoltaic project development and construction company.
Four photovoltaic projects with a capacity of 20 MW each will be jointly developed by Solarpack and T-Solar to provide 173 GWh per annum to the Peruvian Government. Two of the projects, Repartición Solar 20T and Majes Solar 20T, will be developed and operated by T-Solar. Panamericana Solar 20TS and Tacna Solar 20T, the other two projects, will be developed and operated by Solarpack in association with T-Solar.
The four photovoltaic projects, to be sited in Peru’s south, should commence operations before June 30, 2012. The regions where these projects are to be located have an annual average irradiation of 2,300 KWh/m2.
As per the terms of the contract, the energy produced by the four projects will be purchased by the national grid system in Peru for a period of 20 years at a guaranteed price.
T-Solar's CEO, Juan Laso, said the company desired to participate in the tendering process due the attractiveness of the projects as well as the high potential for solar energy in Peru. In addition, the conditions are good in the country with economic and political stability. The company’s backlog under development including this contract has increased to 650 MW, Laso said.