PERÚ - Observatory for Renewable Energy in Latin America and

Perú- Products I and II
Technological
As for technological affairs, a barrier was the scarcity of local suppliers for
equipment that have experience and enough capacity to give guarantees. It was
also observed that there are restrictions regarding the procedence of equipment’s
manufacture.
Other ones (specifying)
But perhaps the stronger barrier was the social order. With this we refer to the lack
of knowledge of the population that in some cases used to request benefits that not
always are matter of the private company but of the State. Additionally, we could
found the lack of support and authority absence of state-owned entities in front of
difficulties caused by the lack of information and actions of dirigential groups that
with complete knowledge control the population, with the aim of obtaining personal
benefit thorugh clandestine negociations.
4. Which positive aspects of the normative-regulatory frame were determining
for the decision to develop the project
- Initially the energy tariffs and the stability of the normative and juridical
frame.
- Later, during the project’s operation, the modality of auctions in renewable
energies is the one in charge of returning the profitability to the project.
5. Which investment percentage was financed and which were its financing
source, interest rate and period
70 % of the project’s investment was equity capital of the company; the remaining
30 % was financed through the local banking system at an average rate of 8 % in 7
years.
6. Would the project could be qualified as successful and why
Yes it would, because of three aspects:
- Firstly, the generation levels estimated in the studies were reached.
- RER regulations contributed to encourage the profitability of the project.
- Finally, it was obtained a valuable experience in terms of water use
projects.
7. What do you think it is necessary to reply the project somewhere else
I think that the project’s engineering studies in terms of the use of the resource,
should be entrusted to companies with experience that make a detailed and
meticulous analysis at a technical level seeking for the decrease of the financial
risk.
8. Which or which ones do you consider were the strategic aspects for the
development of the project
- The abundant information about the resource availability which was wellknown
and studied.
- The commercial aspect of the electricity market.
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