MPC inks Columbia solar offtake

Apr 26, 2021 01:15 PM ET
  • Parque Solar Los Girasoles will certainly supply around 23GWh a year over a 12-year duration to Grupo Renovatio
MPC inks Columbia solar offtake
Image: Unsplash/G Ortega Castro

MPC Energy Solutions has signed a power purchase arrangement (PPA) for solar project under development in Columbia.

The 9.5 MW Parque Solar Los Girasoles will certainly supply around 23 gigawatt-hours of tidy energy a year over a 12-year period, beginning in the 2nd quarter of 2022, to Grupo Renovatio, an energy trader and provider.

The agreement is MPC Energy Solutions' initial PPA considering that its listing on the Oslo Stock Exchange's Euronext Growth section on 22 January 2021.

The contract has been protected via Grupo Renovatio's exclusive renewable energy auction, the very first in the region.

Building And Construction of Parque Solar Los Girasoles is anticipated to start in the 3rd quarter of 2021, with energy production anticipated to start in 2022.

The project belongs to MPC's 240MW solar portfolio, with 5 solar PV plants across 3 different areas within Colombia.

This agreement in between MPC Energy Solutions and also Grupo Renovatio is the very first one of a collection of collaborations that the firms are reviewing in Colombia.

Parque Solar Los Girasoles lies approximately Norte de Santander.

Recently MPC safeguarded exclusivity for a profile of projects across the area.

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