Implementation of Renewable Energy from Solar Photovoltaic (PV) Facilities in Peru: A Promising Sustainable Future

Abstract

In the last two decades, Peru has experienced a process of transformation in the sources of its energy matrix, increasing the participation of clean energy such as solar photovoltaic (PV), on-shore wind, biomass, and small hydro. However, hydropower and natural gas remain the main sources of electricity, whereas off-shore wind, biogas, waves, tidal, and geothermal sources are currently underdeveloped. This article presents the enormous potential of Peru for the generation of electrical energy from a solar source equivalent to 25 GW, as it has in one of the areas of the world with the highest solar radiation throughout the year. In addition, this article presents the main advantages, benefits, and considerations of the implementation of solar photovoltaic technology, with emphasis on (i) the potential of solar energy, showing the available potential and an installed capacity by the year 2024 equivalent to 398 MW, (ii) current solar energy sources, characterizing existing industrial solar photovoltaic (PV) energy plants, and (iii) future solar energy facilities projections, stating the portfolio of solar renewable energy plant projects to be implemented in the future considering an installed capacity of 7.2 GW by 2028. Additionally, lessons learned, challenges, and directions for the future development of solar energy in the country are presented. Finally, the article concludes that if Peru takes advantage of solar potential by considering a sustainable future perspective and implementing strategic land-use planning, the southern region will be transformed into a world-class territory for renewable energy development considering the hybridization of concentrated solar power (CSP) systems with solar photovoltaic (PV) systems and solar energy storage systems.