Peruvian Firm to Invest $350 M. in Solar Power Plant

Business Management January 20, 2024 0 Comments

Peruvian company Energía Renovable La Joya has announced plans to invest $350 million in a solar power plant project in the southern region of the country. The plant is expected to have a capacity of 385 megawatts, making it a significant step in Peru’s renewable energy expansion.

This investment highlights Peru’s commitment to reducing its reliance on fossil fuels and transitioning towards more sustainable energy sources. The solar power plant will not only contribute to the country’s clean energy goals but also provide a boost to the local economy through job creation and infrastructure development.

With this project, Peru continues to position itself as a leader in renewable energy in Latin America, attracting further investments in the energy sector and reinforcing its dedication to combating climate change.

Read more on Reuters

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