Cheves is a 172MW hydro power project. It is located on Huaura river/basin in Lima, Peru. The project is currently active. It has been developed in single phase. The project construction commenced in 2011 and subsequently entered into commercial operation in 2015.
| Project Type | Total Capacity (MW) | Active Capacity (MW) | Pipeline Capacity (MW) | Project Status | Project Location | Project Developer | Hydropower | 172 | 172 | – | Active | Lima, Peru | SN Power |
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Description
Go deeper with GlobalData
The project was developed by SN Power and is currently owned by Statkraft with a stake of 100%.
Cheves is a run-of-river project. The gross head of the project is 603m. The project generated 837 GWh of electricity. The project cost is $400m.
Development Status
The project construction commenced in 2011 and subsequently entered into commercial operation in 2015.
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By GlobalDataPower Purchase Agreement
The power generated from the project is sold to State-owned enterprises under a power purchase agreement for a period of 15 years. The contracted capacity is 168MW.
Contractors Involved
Rainpower was selected as the turbine supplier for the hydro power project. The company provided 2 units of pelton turbines, each with 87MW nameplate capacity.
About SN Power
SN Power AS (SN Power), a subsidiary of Norfund, is a hydropower company that acquires, develops, builds, and operates hydropower assets. The company also develops and generates wind power, gas power, and district heating, and hydropower projects by implementing domestic measures to curb emissions of greenhouse gases such as CO2. It offers risk management services, which include risk mitigation, internal audits, and balancing services. SN Power invests in clean and renewable energy projects on commercial basis. It also generates hydropower in the Philippines, Nepal, India, Chile, Brazil, Sri Lanka, and Peru. The company has operations in Thailand, Zambia, the Netherlands and Panama. SN Power is headquartered in Oslo City, Oslo, Norway.
Methodology
All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.
