The facilities are being developed as part of government support for renewable energy. The consortium includes Solexica Energy Corporation, JCM Capital and Radical Energy.
Electricity generated by the plants will be purchased at $40.03 cents/KWh and distributed to the national electrical grid.
The plants are expected to contribute about $200m to the local economy and provide approximately 400 construction jobs.
Solexica CEO Adam Hepworth said that the these projects combined will represent one of the largest construction-ready feed-in-tariff based solar PV facilities in Latin America.
JCM CEO Christian Wray said that this initiative is a stimulant to the local economy and will provide much needed supplement to the current energy deficit in Ecuador.
