Peru’s Supervisory Agency for Investment in Energy and Mining has granted an award to renewable energy developer Ergon Power, for the installation of solar on 150,000 households in parts of Peru without power.
The award was the result of an auction, which was Peru’s first Renewable Energy Resource (RER) auction directed toward powering locations not already connected to the grid. These areas are dispersed throughout the northern, central, and southern parts of the country.
As set out in the conditions of the auction, Ergon Power will install, operate, and maintain the 500,000 solar panels for 15 years. The supervisory agency predicts the plant will provide electricity to 150,000 households just in the first stage of operation, with the possibility of reaching half a million homes in later stages.
The government said this project will allow for the establishment of housing, schools, and health clinics in the rural, isolated areas of Peru, especially important for those along the border.