![\"\"](\"https:\/\/www.carilec.org\/wp-content\/uploads\/2023\/02\/MPC-Logo-300x81.png\"){kind=logo}
<\/p>\n<\/p>\n
![\"\"](\"https:\/\/www.carilec.org\/wp-content\/uploads\/2023\/02\/MPC-Solutions-300x60.png\")
<\/p>\n
Amsterdam\/Oslo\u00a0<\/strong>\u2013 6 February 2023<\/strong>\u00a0\u2013 MPC Energy Solutions (MPCES) has announced the start of operations for its Santa Rosa and Villa Sol solar photovoltaic (PV) plants in El Salvador, which have a combined installed capacity of 21.3 MW. Santa Rosa and Villa Sol are the third and fourth projects in the Company’s portfolio to start operations, following Los Santos I (Mexico), which was acquired in February 2022, and Neol CHP (Puerto Rico), which started delivering energy in January this year.<\/p>\n The plants commenced operations and MPC Energy Solutions is now selling the generated energy through a 20-year USD-denominated power purchase agreement (PPA) with CAESS, the local subsidiary of US-based energy company AES Corporation. Santa Rosa and Villa Sol are in El Salvador’s Quezaltepeque region and will generate a combined 45.7 GWh of solar energy in the first year, with a projected annual revenue of around USD 4.4 million. The projects\u2019 solar power offers substantial environmental benefits, preventing nearly 11,000 tons of CO2<\/sub>\u00a0emissions per year.<\/p>\n Total investment costs were USD 24.5 million, of which Banco Agr\u00edcola, a 100% subsidiary of Bancolombia, provided USD 18.3 million of project financing under a 15-year amortizing agreement. Enerland Group acted as engineering and construction (E&C) contractor. MPC Energy Solutions provided construction management services and also directly sourced key components, including inverters from Huawei and solar panels from Canadian Solar.<\/p>\n Luis Marquez, Head of Construction of MPC Energy Solutions, said: \u201cWe are excited to see our Santa Rosa and Villa Sol solar PV plants complete construction and come online just 12 months after financial close. These activations were finalised fully within our established budget, a significant achievement for all parties involved.\u201d<\/p>\n \u201cWe deeply appreciate the local support that we received during the development and construction phase. The government, local authorities and the communities are incredibly supportive and dedicated to these projects,\u201d said Fernando Z\u00fa\u00f1iga, Managing Director for Latin America of MPC Energy Solutions. \u201cWe are committed to further contributing towards El Salvador\u2019s renewable energy transition and continue to evaluate further investments in the country.\u201d<\/p>\n Through the commissioning of these solar parks, MPCES has once again successfully demonstrated its ability to develop, finance, build, and operate assets as a full-cycle Independent Power Producer (IPP).<\/p>\n – ENDS –<\/strong><\/p>\n About MPC Energy Solutions<\/strong> Media contacts<\/strong> Norway<\/strong> Americas<\/strong> United Kingdom<\/strong> Amsterdam\/Oslo\u00a0\u2013 6 February 2023\u00a0\u2013 MPC Energy Solutions (MPCES) has announced the start of operations for its Santa Rosa and Villa […]<\/p>\n","protected":false},"author":165,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[16],"tags":[4533,4534,3900,4638],"class_list":["post-78880","post","type-post","status-publish","format-standard","hentry","category-news","tag-mpcenergysolutions","tag-mpces","tag-powerpurchaseagreement","tag-pv"],"acf":[],"aioseo_notices":[],"featured_image":"https:\/\/carilec.org\/wp-includes\/images\/media\/default.svg","month_date":"Feb","day_date":"9","_links":{"self":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts\/78880","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/users\/165"}],"replies":[{"embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/comments?post=78880"}],"version-history":[{"count":0,"href":"https:\/\/carilec.org\/api\/wp\/v2\/posts\/78880\/revisions"}],"wp:attachment":[{"href":"https:\/\/carilec.org\/api\/wp\/v2\/media?parent=78880"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/categories?post=78880"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carilec.org\/api\/wp\/v2\/tags?post=78880"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}\n
\nMPC Energy Solutions (“MPCES”) is a global provider of sustainable energy and primarily focuses on low-carbon energy infrastructure, including solar and wind farms, and other hybrid and energy efficiency solutions. The Company participates in the full project lifecycle of renewable solutions, from early-stage development through construction and operation. More details at\u00a0www.mpc-energysolutions.com<\/a><\/p>\n<\/div>\n\n\n
\nMPC Energy Solutions N.V.
\nInvestor Relations & Public Relations
\nEmail:\u00a0ir@mpc-energysolutions.com<\/a><\/p>\n<\/div>\n\n\n\n
\nJo Christian Lund-Steigedal
\nCorporate Communications AS
\nPhone:\u00a0+47\u00a0415 08733<\/a>
\nEmail:\u00a0jcs@corpcom.no<\/a><\/p>\n<\/div>\n<\/div>\n\n\n
\nPerry Goldman
\nMontieth & Company
\nPhone:\u00a0+1 (646) 8643568<\/a>
\nEmail:\u00a0pgoldman@montiethco.com<\/a><\/p>\n<\/div>\n<\/div>\n\n\n
\nAndrew Berridge
\nMontieth & Company
\nPhone:\u00a0+44 7925 697 215<\/a>
\nEmail:\u00a0aberridge@montiethco.com<\/a><\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"