Articles tagged with: Iberoperuana Inversiones

Peru’s First Alternate Power Project Takes Shape With Windmill Farm
Posted in Energy, Environment, Green, Wind on 1 September 2008

Peru windmill

It is nice to see that more South American nations are actively taking to production of alternate energy and with the immense natural resources the continent possesses; it will not be long before they start producing clean energy in a large way. South America is endowed with natural resources that are varied and unique and the continent is only now realizing its true potential. With vast open desert and plenty of Sunshine, Peru seems to be ideal to harness power from alternate sources.

Iberoperuana Inversiones plans to invest $240 million in a wind farm, which is projected to provide clean electricity for an estimated 80,000 families in Peru’s southern desert region of Paracas. The wind energy park will be located near the city of Ica and will be known as the “Parque Eólico San Andrés”. Iberoperuana Inversiones hopes that the park would already be generating 22 megawatts of energy by the end of this year.

This new venture is the first major investment in Peru in regards to the production of alternate energy and the country hopes that this will encourage further investments in both wind and solar energy. This is not just a wonderful new venture that will benefit Peru and other South American nations around it but will also help the planet to cool down that tad bit further.

Via Ecoworldly