Ignis to invest US$1.5 billion in Peru''s solar and wind energy
Spanish company Ignis plans to invest US$1.5 billion in solar and wind projects across Peru between 2025 and 2028, adding 1,469 MW to the National Interconnected
There are high expectations that the government of Peru will promote public policies that seek the implementation of wind farms in different places in the territory, which will allow the generation of renewable energy and provide access to clean energy to more inhabitants and productive activities.
With respect to economic terms, the government of Peru should avoid subsidizing on-shore wind energy, since it has demonstrated improvements in its efficiency and a reduction in its costs, in such a way as to allow for the realization of a route for off-shore wind energy that will require the creation of financing mechanisms.
Wind energy technology on an industrial scale has already been successfully implemented in Peru, being increasingly popular and a feasible alternative to apply in different places in the territory with wind resource potential.
The availability of resources on the Peruvian coast and mountain range is highly adequate; however, the restrictions on the accessibility to mountainous areas force the development of this technology to be on-shore, linked to coastal areas, which is why six of the seven wind power plants currently in operation are located in these types of areas.
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