Amazonas Energía Solar plans to operate solar-plus-storage plants in the Peruvian
Chilean solar developer Verano Energy has submitted an environmental impact assessment for its proposed Horizonte de Verano solar project in Peru, a mammoth facility that will include a solar farm with a capacity of 5.85GW.
Should the project to built to Verano''s specifications, it will be, by far, the largest single-site solar project by capacity in the world, more than double the size of the 2.2GW Bhadla solar park in India. Power from the project will be used to operate an ammonia production plant with a capacity of 1.65 million tons per year, and will be the company''s first entry into the green hydrogen and ammonia sectors.
“This project takes us to a larger scale," said Verano CEO Dylan Rudney. "We are advancing with one of the most advanced green hydrogen gigaprojects in the region and possibly in the world. It signifies a radical shift to end the use of contaminating fuels and fertilizers, delivering a clean and sustainable solution to the planet."
Due to the vast scale of the project, Verano plans to commission components of the facility in stages. The company expects to receive permits from the Peruvian authorities in the first half of 2025, and commission the first phase of the project, a 1.5GW solar farm that can produce over 420,000 tons of green ammonia annually, by the middle of 2027. Verano expects to commission the entirety of the plant''s capacity by early 2032.
Verano has been active in the South American solar sector in the last 12 months, selling a 150MW project in Argentina this month, and acquiring a 300MW portfolio in Colombia last May. However, it remains to be seen how effectively the company will oversee the deployment of a project of such massive scale, considering that the project''s nameplate capacity of 5.85GW is almost as large as Peru''s total electricity generation capacity of 7.2GW.
Indeed, the largest proposed solar project in Peru is Solarpack''s 300MW San Martin project, at which the company began construction earlier this month. While the Verano project is linked to ammonia and green hydrogen production, the potential presence of such a large solar project in the country could help drive a step-change in the broader Peruvian renewables industry.
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The sites, with a total 9.6 MWp generation capacity and 13.5 MWh of energy storage, were built in the Loreto department by Amazonas Energía Solar for Electro Oriente.
Acquired by Yinson Renewables earlier this year, the project is expected to reach an annual production capacity of 260 GWh.
Peru’s Ministry of Energy and Mines (MINEM) says the country installed 115.5 MW of new solar capacity in the first half of 2024, bringing the nation’s total installed PV capacity to around 400 MW.
Solarpack has closed financing for a 300 MW solar project in Peru, marking the country’s first solar farm to sell power through a bilateral power purchase agreement (PPA).
Overirradiance conditions may affect the operating performance of photovoltaic plants, the stability of the electrical grid, and the efficiency of inverters. A research team has warned these effects are currently not being given proper consideration by the solar industry.
PV initiatives should be designed to last, as several well-meaning off-grid solar projects for the developing world have floundered over the years.
Through two different auctions, the Peruvian government expects to mobilize investments of around $2 billion.
The French energy giant will build the facility near Iquitos, the largest metropolis in the Peruvian Amazon.
The sheer volume of new power lines which will be required to accommodate the rising tide of solar installations ensures copper has been included by the International Energy Agency on its list of minerals which must keep flowing if the energy transition is to stay on course. And it’s not production that’s the potential bottleneck.
The latest set of clean energy statistics compiled by the International Renewable Energy Agency signal a changing of the guard when it comes to clean power, with legacy hydropower facilities overtaken by new intermittent renewables.
Image: Presidency of Peru
Located in Requena and Tamshiyacu, both in the department of Loreto, two solar-plus-storage sites have been inaugurated by the Amazonas Energía Solar joint venture owned by Peruvian company Novum Solar and French-owned EDF Perú.
The projects, installed for utility Electro Oriente, feature 9.6 MWp of solar generation capacity and 13.5 MWh of energy storage.
The photovoltaic plants are expected to supply electricity to 28,000 people living in off-grid areas.
President of Peru Dina Boluarte attended an opening ceremony for the projects along with Vice Minister of Electricity Víctor Carlos Estrella and the mayors of the two localities and company executives.
The $13.4 million-plus Requena plant has 7.5 MWp of solar capacity from 12,880 bifacial, monocrystalline panels, and 10 MWh of energy storage capacity, supplied by 864 battery modules. The Requena system, which ensures uninterrupted power supply, will replace much diesel-based generation, ensuring 60% of the energy used locally will come from renewables.
The site is located within the buffer zone of the Pacaya Samiria National Reserve, in the district and province of Requena.
The $5.8 million Tamshiyacu site has 2.1 MWp of solar capacity, from 3,588 solar panels, and a 3.5 MWh battery storage system. It will serve more than 6,000 people, ensuring renewable energy makes up 75% of local supply.
Amazonas Energía Solar plans to operate solar-plus-storage plants in the Peruvian province of Purús, town of Atalaya, and on the island of San Lorenzo, and expects to also supply the towns of Caballococha, Contamana, and Orellana; the city of El Estrecho; and the Lagunas district between 2026 and 2027.
In July 2022, an agreement was announced between EDF and Novum Solar to install 10 solar-plus-storage plants in the Peruvian Amazon.
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