Yinson Renewables has announced the entry into its full operational phase of the 97 MW Matarani solar plant, located in the Mollendo desert, department of Arequipa, Peru.
Yinson Renewables purchased the Matarani project from Grenergy Renewables in January 2024 for US$91 million under a turnkey construction contract. The plant is expected to produce 260 GWh annually. Matarani operates under a long-term power purchase agreement (PPA) with Orygen, a leading renewable energy provider in Peru. Orygen’s majority shareholder is Actis, a global investment fund focused on sustainable infrastructure.
Country updates
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March 26, 2024
US$176 million Financing agreement signed for 300 MW Solar Project in Peru
Solarpack has closed a senior financing package for the 300 MW San Martin solar PV plant in Peru for a total amount of US$176.6 million.
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July 06, 2023
Engie commissions 260 MW wind project in Peru
Engie Energía Perú has announced the start of commercial operations for the 260 MW Punta Lomitas Wind Power Plant located in the Ica Region's district of Ocucaje in Peru.
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May 05, 2023
Proinversión awards two new electrical infrastructure concessions in Peru
The Agency for the Promotion of Private Investment (Proinversión) has signed a concession contract with Acciona for the design, financing, construction, operation and maintenance of two ne...
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April 20, 2023
Peru’s Energy and Mines Ministry grants temporary concession for 100 MW solar project in Moquegua
Compañía Eléctrica El Platanal (Celepsa) has been granted a temporary concession for the 100 MW Montalvo solar project in Moquegua, a southern region of Peru. The renewable energy...
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April 12, 2023
Enel exits Peru, sells assets to China Southern Power Grid Co.
Enel SpA is selling distribution operations in Peru for about US$2.9 billion to China Southern Power Grid Co. The enterprise value for these assets is about US$4 billion, as part of Enel’s moves...
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