To supply the power, T-Solar and Solarpack will be jointly developing four 20MW PV plants. Two of these will be developed and run by T-Solar and the other two by SolarPack in consortium with T-Solar.

The four PV plants are expected to be in operation by June 2012. They will be located in the south of Peru, in the regions of Tacna, Arequipa and Moquegua. According to the resolution of the first bid for power supply using renewable energy resources, the electricity generated by the four plants will be bought by the national grid system in Peru at a guaranteed price over 20 years.

Juan Laso, CEO of T-Solar, said: “The project looks good, as there is high solar irradiation in these areas and the conditions in Peru are attractive, an investment-grade country with political and economic stability. It increases T-Solar’s backlog under development, which now comprises over 650MW”.

This contract enables Solarpack to consolidate its operations in South America, where the company is already a developer of PV solar energy. From its subsidiary in Chile, Solarpack is spearheading the implementation of projects such as the Calama Solar 1 plant, which is a multi-megawatt solar plant with an environmental licence in the entire South-American continent.