Two Massive Energy Projects Are Coming to the Yanuncay River — Here's What's Planned

The Yanuncay River corridor — one of Cuenca's most scenic stretches — is about to become a major energy hub. Two projects totaling over ** million** in investment were formalized through an interinstitutional agreement this week.

Project 1: Multipurpose Yanuncay Hydroelectric Plant

Electrogeneradora del Austro (Elecaustro) is building a 22-megawatt hydroelectric system along the Yanuncay. But it's not just about electricity — the project also includes flood control and improved water supply for Cuenca.

• Investment: Over million total, with ** million pre-approved** by CAF (the Development Bank of Latin America and the Caribbean)
• Timeline: Operating license expected mid-May 2026 (valid for 40 years), with construction starting Q1 2027
• Details: Two hydroelectric power stations, including the Soldados facility

Marco Toledo from Elecaustro said they "expect to receive the enabling title around mid-May" to move forward with financing.

Project 2: El Pimo Wind Farm

CELEC EP (Ecuador's state electric corporation) is planning something ambitious at high altitude: a wind farm between the El Pimo and Can Can communities at roughly 3,800 meters elevation.

• Capacity: 35 wind turbines at 4.3 MW each — over 150 MW of installed power
• Investment: ** million** (including studies and road access)
• Timeline: Construction starts mid-2027, operations begin 2029

For context, 150 MW is nearly seven times the hydroelectric project's capacity. This would be one of Ecuador's largest wind installations.

Bonus: Better Lighting Along the Biocorridor

Centrosur (the regional electric company) will also install public lighting along the Yanuncay biocorridor and upgrade electrical service quality in the area. If you walk or jog along the river, this one's for you.

Why This Matters

Ecuador's grid has been struggling. Yesterday we reported on the 18% blackout risk heading into October. These two projects won't solve the immediate crisis — the wind farm doesn't come online until 2029 — but they represent a serious long-term bet on Cuenca becoming more energy-independent.

And if you live near the Yanuncay, expect to see surveying and construction activity ramping up in the coming months.

Source: El Mercurio