One of the leading solar energy companies in the world, Yingli Green Energy, recently announced that the company is supplying 40 MW of photovoltaic modules for a new solar power plant that will be the largest in Latin America when completed.
The solar plant the PV panels are being provided for was developed by Gestamp Solar and Solarpack in a collaboration with local companies in Peru. The project is being built in two different locations: 20 MW will be in Tacna and cover roughly 120 hectares, and the other 20 MW will be in Moquera and cover around 123 hectares. The project is planned to begin operations towards the end of 2012.
Once completed, it will be the largest solar power plant in Latin America. It is projected to generate enough electricty for more than 67,000 homes, and reduce emissions by around of 24,000 tons of CO2 each year.
“We are pleased to achieve this important milestone in Latin America,” said Mr. Liansheng Miao, Chairman and Chief Executive Officer of Yingli Green Energy. “Peru is one of the most important emerging markets in Latin America given its strong solar energy potential. By supplying modules for this project and by leveraging our sponsorship of the 2014 FIFA World Cup in Brazil, we are paving the way for substantial expansion throughout South America.”