Peruvian company to build $240 million wind farm
PARACAS, PERU - Peru's government says renewable energy company Iberoperuana Inversiones SAC is developing a $240 million, 240 megawatt wind farm on Peru's southern coast.
Peru Energy Minister Juan Valdivia Romero says the park will provide electricity to more than 80,000 families and that production will reach 20 megawatts by the end of 2008.
Iberoperuana is building the wind farm in the district of Paracas and inaugurated the first turbine of the wind park just recently.
Iberoperuana Inversiones is a Peruvian company with Peruvian and Spanish capital that began operating in 2007 with initial support from Spanish Wind Iberica SA.
Related News
Energy Vault Lands $110M From SoftBank’s Vision Fund for Gravity Storage
BERN - Energy Vault, the Swiss-U.S. startup that says it can store and discharge electrical energy through a super-sized concrete-and-steel version of a child’s erector set, has landed a $110 million investment from Japan’s SoftBank Vision Fund to take its technology to commercial scale.
Energy Vault, a spinout of Pasadena-based incubator Idealab and co-founded by Idealab CEO and billionaire investor Bill Gross, unstealthed in November with its novel approach to using gravity to store energy.
Simply put, Energy Vault plans to build storage plants — dubbed “Evies” — consisting of a 35-story crane with six arms, surrounded by a tower consisting of…
