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New Peruvian ethanol and power project operational

Integrated energy company Maple Energy has claimed its joint ethanol and power project in Peru is now fully operational.

The 37MW power side of the plant was recently completed and Maple is confident it will be now able to increase the amount of electricity before the end of the year, which will eventually supply enough to satisfy the needs of its ethanol plant and provide power to the national grid.

The plant has used over 165,000 tonnes of harvested and processed sugarcane since the end of March, with Maple predicting it will be using close to 900,000 tonnes by the start of 2013.

The installation and commissioning of ethanol storage, loading and shipping facilities at the port of Paita have also been completed and are expected to go online during August, where Maple have been storing recently created ethanol due for shipping once everything is ready.

Maple Energy claims the total cost of this project was approximately $280 million (€231.2 million).