Peru's Potential in Renewable Energies and Hydrogen Investment Highlighted at Latam-Japan Workshop
Key Ideas
- Energy and Mines Minister Romulo Mucho showcased Peru's capacity to attract investments in renewable energies and capitalize on hydrogen within the Net Zero 2050 scenario at the 'Latam-Japan Hydrogen Workshop 2024'.
- Peru was highlighted as a producer of 8 critical minerals for energy transition and a promoter of green hydrogen with a National Strategy in place, aiming to attract investments across various sectors.
- The country boasts over 25,000 megawatts in renewable energy projects, including significant potential in photovoltaic and wind energy, positioning itself as an attractive commercial destination in the Pacific basin.
- Minister Mucho's participation in the workshop signifies an important platform for exploring opportunities and advancements in hydrogen development, supply chain technologies, and applications in various industries.
Energy and Mines Minister Romulo Mucho of Peru presented the country's potential for attracting investments in renewable energies and leveraging hydrogen resources at the 'Latam-Japan Hydrogen Workshop 2024' in Tokyo. Peru, known for producing 8 critical minerals essential for energy transition, emphasized its commitment to green hydrogen promotion through a regulatory framework and strategic location. With over 25,000 megawatts in renewable energy projects and a focus on photovoltaic and wind energy ventures in multiple regions, Peru aims to position itself as an appealing destination for investors in the mining-energy sector. Minister Mucho highlighted the National Strategy for Green Hydrogen, established during President Dina Boluarte's term, supported by the Green Hydrogen-promoting Law to attract investments in hydrogen for various economic activities. The workshop serves as a platform to discuss hydrogen development in manufacturing processes, cement, and steel industries. Minister Mucho's involvement signifies a crucial step in exploring opportunities and advancements in hydrogen technologies for Peru's energy transition and carbon emissions reduction.
Topics
Investing
Green Hydrogen
Renewable Energy
Energy Transition
Renewable Projects
Regulatory Framework
Strategic Location
Investment Attraction
Mining Sector
Latest News