The International Finance Corporation (IFC) granted a $600 million corporate loan to Engie Energia Peru. This is among Peru’s largest energy firms that will now enhance renewable energy initiatives and speed up the transition to cleaner power production. The funds will support three significant initiatives, including the construction of the Central Expansion Solar Intipampa site

Peru’s energy and mines ministry is preparing to enhance the country’s solar capacity, aiming for an additional 2.5 GW. This growth will raise Peru’s overall solar capacity to an encouraging 3.1 GW. Development plans cover 14 solar projects in Arequipa, Moquegua, and Ica. These initiatives focus on enhancing the national integrated electric grid. Incorporating 2.5

Peru has been adopting solar-powered fish farming as a sustainable solution to improve productivity, reduce environmental impact, and provide energy access to remote areas. This approach integrates photovoltaic systems with aquaculture operations, powering aeration, water circulation, feeding systems, and monitoring devices. The systems consist of components such as solar panels, battery storage, aerators and pumps,

Venezuela frequently experiences power outages due to outdated infrastructure, reliance on hydroelectric energy, insufficient investment, and inadequate maintenance. Certain regions experience power outages lasting as long as 12 hours. Aside from dependence on hydropower, the system functions effectively with support from gas and oil power stations and private oversight. Many individuals rely on generators, rechargeable

Venezuela’s natural gas output is limited in comparison to its extensive oil reserves. Venezuela possesses the world’s largest proven reserves of natural gas, estimated at approximately 200 trillion cubic feet. Most of these reserves are associated with oil extraction in the Orinoco and offshore regions. This indicates that natural gas is generated together with crude