Featured photo: Diversifying Peru’s energy production
Plant workers join Peruvian President Ollanta Humala for a ceremony dedicating a 20 MW photovoltaic plant near Moquegua, Peru on November 10. Supported by an OPIC loan, the Solarpack project is supplying power to Peru’s national grid and will serve approximately 360,000 people.
Renewable energy as a group composes only 0.6 percent of Peru’s energy mix. The project is having a positive developmental impact by increasing the capacity of Peru’s national grid and diversifying the country’s energy production.
Since 2010, OPIC, a leader in advancing the use of renewable energy around the world, has committed about $1 billion a year to renewable projects.