MINEM and the International Solar Alliance (ISA) signed an agreement of cooperation for the promotion of renewable energy in Peru

Minister Ísmodes Mezzano announced that the agreement would allow the development of the Global Meeting and Expo on Renewable Energy ISA-Peru-LAC (Sun World 2019) in Peru.

The Peruvian Ministry of Energy and Mines (MINEM) and the International Solar Alliance (ISA) signed an agreement of inter-institutional executive cooperation to carry out the Global Meeting and Expo on Renewable Energy (Sun World 2019) (Sun World 2019). This event will allow Peru to become a benchmark country to attract investments in solar energy and learn about the latest advances in technology for the use of alternative energy sources.

The agreement was signed by the Peruvian Minister of Energy and Mines, Francisco Ísmodes, and the ISA Director General, Upendra Tripathy, and follows the appointment of Peru as Vice President of the International Solar Alliance for Latin America and the Caribbean

The representant of the MEM stressed that the Government of President Martín Vizcarra has as state policy “to promote the use of clean, renewable technologies that contribute to the care of the environment” and the reduction of greenhouse gases.

In that sense, he stated that the opportunity to host the Global Meeting and Expo on Renewable Energy Isa-Peru-Lac (Sun World 2019) would allow Peru to become a benchmark country in attracting investments in solar energy to achieve higher providing of renewable energy. Currently, Peru has a total of 284.5 MW of installed power based on solar technology.

“In Peru, there is a rich source of solar energy, and now we are channeling the use of it, which is becoming more viable due to the cost reduction. What we seek to host this global event is to promote the development of renewable energy. Peru has been appointed the vice president of the Solar Alliance to fulfill that role,” he said during the ceremony.

Mr. Ísmodes Mezzano indicated that this initiative contributes significantly to the State to provide with energy to the most distant sectors of the country. “We know that there is still an important gap to cover, there are citizens who do not have electricity, and as a government, we are working so that solar energy allows us to have rural 100% coverage by 2021.”, he explained.

It should be noted that ISA is a group of 121 countries with high potential for generating solar energy resources, located between the Tropics of Cancer and Capricorn, which seeks to deploy more than 1,0000 Gigawatts of solar energy and mobilize more than USD 1,000 million for the solar energy for 2030.

Later, Minister Ísmodes said that he is talking with the president of the Solar Alliance so that the city of Iquitos has an energy supply that replaces diesel with solar energy since the capital of the Loreto region is not integrated into the city national electricity system.

“It is an important day because it positions this advance in promoting renewable energy and will allow us to continue towards the goal we have set as Government to reach 2030 with a share of renewable energy in the electricity matrix of 15%.”

Sun World 2019

The Sun World will develop, in November next year, a ministerial plenary with meetings that will allow the establishment of business networks and capacity building with the private sector.

Likewise, it will allow analyzing the progress of the insertion of solar energy and its implementation in the Latin American region, as well as position Peru as a solar technology hub, with leadership in the development of capacities at a regional level and model of solar technology implementation for its peers in Latin America.

Finally, the Vice Minister of Electricity, Patricia Elliot, said that MINEM and the Peruvian Government are committed to making this event a success and that Lima will become the Solar Capital of the world in 2019.

Source: Peruvian Ministry of Energy and Mines