HOME  |  ABOUT  |  NEWS  |  ACTIVITIES  |  PROJECTS  |  WORLD SHP REPORT  |  SHP IN CHINA  |  INSHP  |  WHAT IS SHP?  |  PARTNERS

  Upcoming Events
Training Opportunity - 2017 Seminar on Small Hydropower and Sustainable Development of Rural Communities for Developing Countries (Sep.14th - 27th)
Training Opportunity - 2017 Seminar on Small Hydropower and Sustainable Development of Rural Communities for ASEAN Countries (Sep.14th - 27th)
Training Opportunity - 2017 Seminar on Small Hydropower Development and Management for Central and East Europe Countries (Aug.3rd - 23rd)
HYDRO 2017

 

 
Three Peruvian Hydroelectric Power Purchase Agreements Awarded to Rurelec

Rurelec announced that its Cascade Hydro subsidiary has been awarded three new power purchase agreements (PPAs) in Peru totaling 30-MW under the Subasta RER Peruvian Government competitive tendering process.

This was the largest award for which Cascade submitted offers under the Subasta RER process and represents a complete vindication of Rurelec’s bidding strategy of entering three high priced bids into the tender. The award follows a recent Rurelec policy change in which they wish to take a more active role in expanding the group’s presence in the renewable energy market. Earlier this year, Rurelec increased its stake to 100 percent ownership of Cascade Hydro by buying out minority shareholders.

The successful bids were submitted so as to achieve a range of US$58 to US$60 per MWh of electricity generated in Cascade’s three new plants. These are to be constructed in the Province of Junin at Colca, Huasicancha and Chilcay.

Commenting on the agreement CEO of Rurelec, Peter Earl said “I am pleased that the Subasta RER tender has resulted in financial benefit for Rurelec shareholders. This is a crucial step in the development of Rurelec’s new portfolio of renewable power plants in Latin America at a time when the Pacific Alliance is leading the way towards the protection of new foreign investment in Peru, Chile, Colombia and Mexico. This is yet another step towards building a diversified portfolio of power capacity to replace the power plants nationalized in Bolivia in 2010.”

Source: Energy Business Review
Link:
http://hydro.energy-business-review.com/news/rurelec-wins-three-hydroelectric-power-purchase-agreements-in-peru-131213-4145819


11 12 13 14 15
HOME  |  ABOUT  |  NEWS  |  ACTIVITIES  |  PROJECTS  |  WORLD SHP REPORT  |  SHP IN CHINA  |  INSHP  |  WHAT IS SHP?  |  PARTNERS
Copyright: International Center On Small Hydro Power    浙ICP备 06036417号    浙公网安备 33010602004205号