Our initiatives
Peru currently records a broad solar PV pipeline totalling 13,116.1 MW under environmental permitting, with approved Pre-Operability Studies, distributed across 65 projects. Nevertheless, only 11 of these projects have obtained a final concession, representing just 2.3 GW formally authorised to move forward into the construction phase.
The size of this portfolio reflects the strong momentum among solar developers. Key players include Orygen Perú, Viridi Energías Renovables, Kallpa Generación, Verano Energy, CSF Continua, Engie, Ibereólica Solar, Acciona, Oryx Power and Grenergy, among others.
Orygen Perú S.A.A. leads solar development in the country, with nine projects totalling 2,661.7 MW, equivalent to 20% of Peru’s total solar PV pipeline. Its initiatives are distributed across three strategic regions:
Moquegua: Rubí III (323.1 MW); Pampa del Sol Phase I and Cuna del Sol (663.4 MW combined); and Wayra Solar (94.2 MW), which is already under construction and has a planned commercial operation date (COD) of February 2026.
Arequipa: Rubí V Phases I and II (663.4 MW combined); Atoi (114 MW); Quyllur (502.2 MW); and Sumac Nina I (446.8 MW).
Ica: Arenarosa (169.8 MW).
The second most relevant player is Viridi Energías Renovables Group, which is promoting five standardised projects totalling 950 MW: Pompeya I and II (200 MW each in Arequipa), Santiago I and II (200 MW each in Ica), and Persépolis (150 MW, also in Ica).
Kallpa Generación S.A. also has a strong presence, with two projects totalling 440 MW: Ocoña (335 MW) and Sunny Expansión (105 MW). The latter already holds a final concession (Ministerial Resolution No. 203-2025) and has a planned COD of June 2026.
Verano Energy Perú S.A.C. operates a portfolio of 692.8 MW, comprising Sol de Verano III (600 MW) and Sol de Verano II (92.8 MW), both projects still under development.
Meanwhile, CSF Continua Group totals 460 MW with the projects Continua Misti (300 MW), Continua Chachani (100 MW) and Continua Pichu Pichu (60 MW), all located in Arequipa and environmentally approved since 2020.
Engie Energía Perú S.A. maintains three initiatives totalling 285.7 MW: Hanaqpampa (140.8 MW, with a valid concession), Ruphay (93.2 MW) and Expansión Intipampa (51.7 MW). The latter also holds a final resolution (Ministerial Resolution No. 194-2025) and is scheduled to begin operations in December 2025.
Among developers with large-scale standalone projects, Ibereólica Solar Moquegua S.A.C. stands out with Moquegua Solar (675 MW), which has not yet obtained environmental approval. Other notable projects include Coral (403.2 MW), developed by Empresa de Generación Eléctrica Coral, and Valladolid (400 MW), promoted by Oryx Power S.L.
Other companies with strategic positions are also advancing relevant projects within Peru’s solar pipeline. Zelestra is developing the San Joaquín project (104.3 MW). Lader Energy is promoting Sol de los Andes, a 125 MW plant located in the southern region of the country. Meanwhile, Fénix, a subsidiary of Chilean utility Colbún, is advancing the Algarrobal project (250 MW), reinforcing its renewable energy diversification strategy. Although these players do not concentrate the largest volumes of capacity, their active participation helps expand supply and consolidate new solar development hubs across the country.
Within the group of projects that have already secured final concessions are also: Illa Solar (385 MW, Energía Renovable La Joya S.A.) developed by Grupo Enhol and Kallpa; Solimana (250 MW, Ecorer S.A.C.); Lupi (150 MW, GR Vale S.A.C.); San José (155.7 MW, Acciona Energía Perú); Babilonia (200 MW, Babilonia Solar S.A.C.); and Macarena (170 MW, GR Chabamba S.A.C.). All of these projects received their permits between 2022 and 2025, with commercial operation dates scheduled between 2025 and 2026.
In addition to Wayra Solar, three plants have already entered commercial operation between 2024 and 2025: Sunny (370 MW), Clemesí (115 MW, in Moquegua) and Matarani Solar (80 MW, in Arequipa). The latter was developed by Grenergy, marking the effective entry of this new solar wave into Peru’s electricity system.
With more than 13 GW of solar capacity technically approved, but only 2.3 GW holding final concessions, the institutional challenge becomes critical. In this context, industry stakeholders continue to call on the government for clarity and openness in the regulation of Law No. 32249, which remains pending.
Sector representatives agree that this legislation will be pivotal for the country’s energy future and stress the importance of a predictable, transparent regulatory framework, built through dialogue with market participants and investors.
Hoja de cálculo sin título – Hoja 1 (1)
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