Report Pegs Renewables Investment in Peru at US$8.76bn Through 2040 (Power Engineering)
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(Courtesy CIA) |
An estimated US$8.76bn investment will be required to implement 4.32GW of renewable energy plants in Peru by 2040, according to an
energy and mines ministry report.
Geothermal would account for 34.7% of the renewable capacity, followed by wind (31.1%), biomass (14.4%), mini-hydro (11.5%) and solar 8.3%. Combined, these alternative energy sources could represent 17.3% of total capacity that year.