PRESS RELEASE

Galápagos will have a new photovoltaic plant

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Friday, August 24, 2018

This press release from Ecuador's Ministry of Electricity and Renewable Energy was published using an automatic translation system.

The Government of Ecuador through the Ministry of Electricity and Renewable Energy (MEER) signed the Memorandum of Understanding with the Korean Institute of Development and Technology KIAT ; In order to build a photovoltaic system in San Cristobal Island (Galapagos), work that will be done under the figure of donation with an amount that exceeds 5 million dollars.

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The event was attended by the Vice Minister of Energy, Mauro Intriago, the President of KIAT, Hak Do Kim, the Vice President of the Woojin Company, Tai Young Kim, the General Manager of Kepco, Myung Gu Kang and authorities of the electricity sector.

This work consists of the construction of a 1 MW photovoltaic system with a battery storage system of 1.4 MWh of energy on the island, whose benefits are detailed in:

  • Annual Energy: 1.4 GWh / year
  • Annual CO2 emission avoided: 948 t CO2 / year
  • Annual diesel avoided: 120,000 gal / year
  • Cost of diesel avoided: 120,000 gal / year

The Government of Korea, through KIAT, contracted the Woojin & Kepco Consortium for the construction, acquisition and assembly of the photovoltaic plant and the energy storage system.

As a local counterpart, it is established that the Ecuadorian State will provide the land and resources that allow leveling and improving the land on which the project will be located, as well as the construction of the Distribution line for the transportation of energy from the project to the electrical network of San Cristóbal. On the other hand, the provincial electricity company ELEGALÁPAGOS, will be responsible for the execution of the Environmental Impact Study and the management of the respective License.

The signing of this document will support the initiative "Zero Fossil Fuels in the Galapagos Islands", whose objective is to reduce the use of petroleum derivatives in the generation of electricity in this area of ​​high environmental and social sensitivity in the country. Likewise, the Government of Korea has expressed its interest and support to the Government of Ecuador for the development of this project, under the model of non-reimbursable cooperation.

The National Government continues to promote the implementation of clean energies that contribute to the sustainable development and progress of the Galapagos.