BUSINESS

Inkia Energy Secures Environmental Approval For Solar Power Plant Expansion In Peru

11/10/2024 06:00 PM

KUALA LUMPUR, Oct 11 (Bernama) -- Inkia Energy, through its wholly-owned subsidiary Kallpa, has received environmental approval for the expansion of its solar power plant currently under construction in Southern Peru, a global solar resource hub.

According to Inkia Energy in a statement, the approval will bring the solar project, Sunny, from 228 megawatt peak (MWp) to 338 MWp, and is expected to be fully operational by the second half of 2025.

“The launch of Sunny marks the beginning of the Inkia 2.0 expansion campaign, aligned with Peru’s energy needs and securing Inkia as a leading energy solutions company in the country.

“We believe that Inkia’s balanced portfolio, along with its investment grade rating, makes the company the top choice for clients in terms of reliability, both in energy and financial support,” said its Chief Executive Officer, Willem Van Twembeke.

Besides Sunny, Inkia has enabled the construction of two adjacent solar projects, by signing energy and I-REC off-take agreements for these developments.

With these three projects, Inkia will consolidate the energy of ‘Peru’s Solar Hub’, contributing approximately one gigawatt peak (GWp) of renewable capacity to the National Interconnected Grid starting in the fourth quarter of next year.

In addition, the company expects to launch two wind projects, with an aggregate capacity of at least 600 MW, in 2026.

The wind developments, plus several other solar and Battery Energy Storage System (BESS) projects, will bolster the company’s position as the leading renewable energy player to supply Peru’s current and future energy needs.

The initiatives reinforce Inkia’s value proposition to provide its customers with a continuous and reliable power supply produced by a combination of different renewable sources and efficient natural gas capacity, which is critical for covering renewable energy shortfalls and intermittency.

-- BERNAMA


BERNAMA provides up-to-date authentic and comprehensive news and information which are disseminated via BERNAMA Wires; www.bernama.com; BERNAMA TV on Astro 502, unifi TV 631 and MYTV 121 channels and BERNAMA Radio on FM93.9 (Klang Valley), FM107.5 (Johor Bahru), FM107.9 (Kota Kinabalu) and FM100.9 (Kuching) frequencies.

Follow us on social media :
Facebook : @bernamaofficial, @bernamatv, @bernamaradio
Twitter : @bernama.com, @BernamaTV, @bernamaradio
Instagram : @bernamaofficial, @bernamatvofficial, @bernamaradioofficial
TikTok : @bernamaofficial

© 2024 BERNAMA   • Disclaimer   • Privacy Policy   • Security Policy