Renewable energies

In a world increasingly focused on sustainable solutions, Peru is emerging as a leader in the renewable energy sector. The country has vast potential for renewable energy development, thanks to its rich natural resources, including abundant solar radiation, strong coastal winds, and ideal geography for hydroelectric generation.

FDI in renewable energies

Period: 2003 - 2024

Industrial refinery, symbolizing foreign investment in the energy sector

USD

Millions of FDI in the sector.

Photo: Shutterstock

Source: fDi Markets (2024)

Solar wind turbine plant, symbolizing renewable energy projects

Projects in total.

Photo: Shutterstock

Source: fDi Markets (2024)

Professional working in the renewable energy sector

Jobs generated

Photo: Shutterstock

Source: fDi Markets (2024)

Renewable energy potentials

  • Wind

  • Hydroelectric

  • Solar

  • Biomass

  • Geothermal

Peruvian map of regions with wind potential
Map of Peru of regions with energy potential (hydroelectric)
Peru's map of regions with potential for solar energy development
Peru's map of regions with potential for biomass energy development
Peruvian map of regions with potential for geothermal energy development

Sector highlights

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Peru is the South American country with the highest number of FDI projects in RE, attracting USD 5.95 billion in FDI between 2003 and 2022.

Source: COES (2022)

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Peru has significant potential to generate energy from renewable sources in various regions, including Arequipa, Moquegua, and Tacna.

Source: COES (2022)

°

Ranked globally out of 107 countries and 4th in South America in the ranking of attractive countries for investment in clean energy through compliance with national policies, electricity market, and others.

Source: BloombergNEF (2022)

More information

Subsectors of interest

Photo:

Wind energy

Peru's coastal regions, both in the north and south, offer ideal conditions for sustainable wind energy.

Hydroelectric energy

Peru has a consolidated hydroelectric infrastructure, with over 70 plants currently in operation and a total effective capacity of 5,214 MW.

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Solar energy

High solar radiation due to the country's proximity to the equator, offering many hours of sunshine during most of the year compared to European countries.

Geothermal energy

Peru has significant geothermal potential, particularly in the highlands and the southern volcanic zone.

Biomass energy

Abundant biomass available for conversion into electrical energy.

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