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PERÚ - Observatory for Renewable Energy in Latin America and

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Perú- Products I <strong>and</strong> II<br />


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5. Which <strong>in</strong>vestment percentage was f<strong>in</strong>anced <strong>and</strong> which were its f<strong>in</strong>anc<strong>in</strong>g<br />

source, <strong>in</strong>terest rate <strong>and</strong> period<br />

93 % of the <strong>in</strong>vestment was f<strong>in</strong>anced with the national bank<strong>in</strong>g system funds, at a<br />

rate of 8 % per year <strong>and</strong> <strong>in</strong> a period of six years <strong>for</strong> its return.<br />

6. Would the project could be qualified as successful <strong>and</strong> why<br />

The project is fulfill<strong>in</strong>g its <strong>in</strong>itial objectives, <strong>and</strong> it is <strong>in</strong> process to reach<strong>in</strong>g the<br />

<strong>for</strong>eseen generation levels.<br />

7. What do you th<strong>in</strong>k it is necessary to reply the project somewhere else<br />

The project is be<strong>in</strong>g replied <strong>in</strong> other agribus<strong>in</strong>ess companies that produce sugar or<br />

cane alcohol.<br />

8. Which one or which ones do you consider were the strategic aspects <strong>for</strong> the<br />

development of the project<br />

The project is held by the use of modern <strong>and</strong> more efficient technologies that allow<br />

tak<strong>in</strong>g advantage of the heat energy that had been lost towards the environment,<br />

<strong>and</strong> also <strong>in</strong> improv<strong>in</strong>g the efficiency of the plant’s processes, summariz<strong>in</strong>g be<strong>in</strong>g<br />

more competitive.<br />

9. How do you th<strong>in</strong>k that the project is benefit<strong>in</strong>g the community of its area of<br />

<strong>in</strong>fluence<br />

The project generates additional resources to the company which are different from<br />

the ones generated <strong>in</strong> conventional processes of a sugar mill. This allows the<br />

diversification of the plant, guarantee<strong>in</strong>g its permanence <strong>in</strong> the zone, giv<strong>in</strong>g employ<br />

to 1 400 people <strong>and</strong> collaterally generat<strong>in</strong>g higher levels of economic activity <strong>in</strong> the<br />

zone.<br />

10. Does the project <strong>in</strong>jects energy to the SEIN only or it also counts on supply<br />

contracts with private customers<br />

Currently the project is deliver<strong>in</strong>g all its energy to the SEIN, there is no supply<br />

contract with private customers.<br />

11. What do you th<strong>in</strong>k the Government <strong>and</strong> its stratums should do to promote<br />

projects like the one that was executed<br />

- Go<strong>in</strong>g on with bids which promote electricity generation trough renewable<br />

energy resources (RER), specially the biomass technology, <strong>in</strong>creas<strong>in</strong>g the<br />

amount of cover<strong>in</strong>g.<br />

- On the other h<strong>and</strong>, we consider that the costs of electricity generation us<strong>in</strong>g<br />

biomass technology should be evaluated <strong>and</strong> moreover, it should be fixed<br />

the price that <strong>in</strong>cludes <strong>in</strong>centives, which would give an economic signal that<br />

allows mak<strong>in</strong>g safer <strong>in</strong>vestments without hav<strong>in</strong>g to submit bids.<br />

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