Inkia Energy targets over 1GW of solar PV in Peru by the end of 2025 with new expansion

Facebook
Twitter
LinkedIn
Reddit
Email
Aerial view of a rendered version of Verano Energy's 5.85GW green ammonia project in Peru powered by solar photovoltaic.
The Peruvian solar PV market had previously been described as going “under the radar”. Image: Verano Energy.

Power generator Inkia Energy announced yesterday (10 October) a solar PV expansion in Peru, targeting more than 1GW of new solar PV capacity operational by the end of 2025.

The move will also look to launch 600MW of wind energy in 2026, plus “several other” solar PV and battery energy storage system (BESS) projects. The company already has around 2,237MW of installed capacity in the country, including technologies such as pumped hydro, natural gas and BESS, primarily through its wholly-owned subsidiary Kallpa.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

Inkia claimed that expanding its renewable energy portfolio would make the company the “largest renewable energy producer in Peru”.

Inkia also confirmed that it will expand the generation capacity of its ‘Sunny’ solar PV power plant in southern Peru from 228MW to 338MW after receiving environmental approval. The plant is expected to be operational by the second half of 2025. Construction is currently underway.

The expansion of this solar PV power plant could make it the largest in Peru, trumping Zelestra’s – formerly known as Solarpack – 300MW San Martin solar project, the previously claimed largest project. Located in the southern province of Arequipa, San Martin entered construction earlier this year and is expected to be fully operational in the second quarter of 2025.

The power company also said it is set to begin construction of two adjacent solar PV projects by signing energy and International Renewable Energy Certificates (I-REC) off-take agreements for these developments. Inkia did not name the developments.

All these solar PV projects will be connected to the National Interconnected System, which covers 85% of Peru’s population.

Inkia Energy CEO Willem Van Twembeke said the launch of Sunny will “mark the beginning of the Inkia 2.0 expansion campaign” aligned with Peru’s growing energy needs.

“We believe that Inkia’s balanced portfolio, along with its investment grade rating, makes the company the top choice for clients in terms of reliability, both in energy and financial support,” Twembeke added.

In a recent conversation with PV Tech Premium, developer Verano Energy’s CEO Dylan Rudley highlighted Peru’s PV potential as “under the radar”. In January 2024, the Chile-based developer submitted an environmental impact assessment for a 5.85GW solar PV project to power a green ammonia facility.

Once fully operational, the plant is expected to have a capacity of 1.65 million tons per year, with the first phase to commission 1.5GW of solar PV and over 420,000 tonnes of green ammonia annually.

Read Next

September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 17, 2025
QatarEnergy has signed an EPC agreement with Samsung C&T for its 2GW Dukhan project. 
September 16, 2025
Sunotec has launched Sunotec Nordic to spearhead solar and hybrid renewable project development across the Nordic region.
September 16, 2025
IB Solar is investing INR30 billion (US$340 million) in a 4GW TOPCon solar cell and module manufacturing plant in Jewar, Uttar Pradesh.
September 15, 2025
Sunrun has priced a securitisation of leases and power purchase agreements, taking its non-recourse debt capital raised in Q3 above US$1.5 billion. 
September 15, 2025
Norwegian energy firm Statkraft has agreed to divest a portion of its renewable energy portfolio to Serentica Renewables.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA