Solarpack breaks ground for largest solar plant in Peru; CNE announces construction of Dominican Republic's solar and storage project; GIP invests in 693 MW AES Andes renewable energy portfolio.
300 MW solar plant in Peru: Spain's Solarpack has started constructing what it says is the largest solar power plant in the history of Peru. The 300 MW San Martin Project in the La Joya district of Arequipa province will be in commercial operations in Q2/2025. It is expected to generate over 830 GWh/year and create 450 jobs during construction. All the power generated will be procured by private energy producer Kallpa Generación.
Solar & storage project in Dominican Republic: The National Energy Commission (CNE) of the Dominican Republic has announced the construction of the country's maiden solar park with a storage component. The Dominicana Azul Solar Project with 101.15 MW generation capacity will be accompanied by a 24.8 MW/99.2 MWh battery system. On completion, the project is estimated to generate 176.4 GWh of clean energy annually. It is coming up in Arroyo Salado in the Cabrera municipality of the María Trinidad Sánchez province. It is being built by Zenith Energy Corp., SRL.
GIP invests in AES Andes: AES Andes, the Chilean subsidiary of America's AES Corporation, has secured a $441 million investment from Global Infrastructure Partners (GIP) for its 693 MW renewable energy portfolio in Chile. Under the deal reached, AES Andes will receive $333 million from GIP in December 2023. The latter will invest the difference on the achievement of agreed conditions and under construction projects reaching commercial operations. The portfolio comprises projects as Bolero Solar, Andes Solar IV, among others. GIP owns 49% and AES Andes 51% stake in the projects in this portfolio, as per an agreement signed in 2021. Together, their cooperation now expands to over 1.4 GW wind, solar and battery storage capacity in Chile.
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