Peru’s Volcan has recently inaugurated its Banos V hydropower plant. With its installed capacity of 9.5 MW, Banos V is part of the mining company’s strategy to become energy self-sufficient.

Banos V is located in the Chancay valley and cost of $24m.

Jose Estela, energy manager at Volcan, said the company’s mining activities normally requires 80 MW a month.

The facilities consumption is expected to double in the following years so Volcan plans to build a 20 MW station by 2013 and a 40 MW plant by 2014.

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