New 172MW hydropower plant opened in Peru

A new hydropower facility with a total capacity of 172MW has officially been opened in Peru. Located 130 kilometers north of Lima on the Huaura river, the Cheves plant will generate around 840GWh of green energy every year, according to developer Statkraft. The project is the Norwegian firm’s ninth power plant in the country and […]

$107.5bn invested in energy, transport and water

Investment in energy, transport and water projects rose to $107.5 billion (£67.72bn) last year. A report launched by the World Bank revealed more than 6,000 projects in 139 emerging countries have been funded from 1990 to 2014. The ‘Private Participation in Infrastructure’ report stated the energy sector had the largest number of new projects. The increase […]

Peru works on green building code

A member of the World Bank Group is working with the Peruvian Government to make buildings more energy efficient. The International Finance Corporation (IFC) will help develop a new regulatory ‘Green Building Technical Code’ to save energy and water. Work on the project started in 2014 when the government established a Standing Committee on Green Building. Latin […]

US bank lends $65m for Peru wind farms

The US Export-Import Bank has agreed to lend $65 million (339.2m) for two wind power projects being built in Peru. The cash will be used to export wind turbines manufactured in Kansas and Iowa in the US by Siemens Energy. It is expected to support almost 800 jobs in the US. The Marcona and Tres […]

UK firm wins power contract in Peru

A UK power company that operates in Latin America has been granted an exclusive right to develop a new project in Peru. Rurelec will build a 120MW gas-fired power plant on an isolated field in the Amazonian region of Northern Peru. It will be located close to the city of Tarapoto where there are currently […]

Peru to power two million fuel poor homes

More than two million homes in Peru (pictured, Cusco city) will soon have access to electricity following the Government’s plans to install solar panels in 500,000 households across the country. Minister of Energy and Mines Jorge Merino Tafur announced the start of the new National Photovoltaic Household Electrification Programme (NPHEP), which aims to provide energy […]

Helicopter chartered by French oil firm crashes in Peru

Thirteen people are missing in Peru after a helicopter, chartered by French oil company Perenco, crashed in the northern Amazon jungle yesterday. In a statement released, the firm said that “at this stage, no survivors have been found”. The MI-8 helicopter was carrying nine passengers and four crew members – all Peruvian nationals. Reports claim […]

US agency provides $360m for overseas renewables

A US agency has released $360 million (£230 million) to back two overseas funds that will provide the latest renewable technologies and help lay the foundations for emerging markets in the world. The Overseas Private Investment Corporation (OPIC), the US Government’s development financial institution, will provide a share of $125 million (£80 million) to Alternative […]