Statkraft opens Cheves HPP in Peru

Statkraft opens Cheves hydropower plant in Peru. The power plant is Statkraft's ninth in the country, and increases the company's renewable energy generation in Peru to 2,500 GWh per year.

The new hydropower plant is located 130 kilometers north of the capitol Lima, on the Huaura river. The power station consists of two aggregates with a total installed capacity of 172 MW and exploits a gross head of 600 meters. The power plant is the first greenfield project developed and constructed by Statkraft alone in South-America.

The Cheves hydropower plant started commercial operations in late August, and will have a annual generation of around 840 GWh based on water from the Andes. The electricity generated will be sold on a long-term Power Purchase Agreement (PPA) with 8 local distribution companies.

"The opening of Cheves consolidates Statkraft's position among the largest power producers in Peru. It also underlines our ambition to further strengthen our position as a leading international provider of pure energy. Our efforts in South-America play a very important role in this strategy," says EVP International

Tags: Statkraft