EDF New Energy Company (EDF EN), a subsidiary of the EDF Group, announced that in a recent tender in Peru, the company has successfully won the bid and won a 100 MW photovoltaic and 100 MWh battery energy storage hybrid power project . The company will be responsible for the development, construction and operation of the hybrid solution, which will be connected to the microgrid in the town of Iquitos in the Peruvian Amazon region.
At the same time, EDF signed a 20-year power purchase agreement (PPA) with the state-owned power distribution company Electro Oriente. The company said that according to the contract, by 2026, the renewable energy company will provide electricity at a price that is more competitive than diesel.
EDF Renewable Energy said that new solar and battery projects will help remote towns offset 40% to 50% of diesel power generation.