Peru

Lima, Peru- (July 19, 2018) There is a Change in Power happening around the world as a combination of natural gas and renewables dominate new installation activity in the power generation sector. Nowhere is this more apparent than in Latin America. In the past 25 years, natural gas power generation saw an almost three-fold increase […]

MAN Diesel & Turbo has successfully commissioned seven 32/44CR diesel engines for the operation of a base load power plant in the Peruvian city of Iquitos. The power plant operator is a joint venture between the Israeli company Telemenia, which was also an EPC partner (Engineering, Procurement, Construction) for construction of the plant, and V-Power […]

Siemens was recently selected to supply another SGT-700 mechanical drive compression train for the Camisea gas-condensate asset located in Peru. The equipment, identical to that Siemens supplied in 2011, is essential to the continuing exploration and production of hydrocarbons in Block 88, operated by Pluspetrol Peru Corporation S.A. Due to the natural gas pressure decline […]

News about the rate at which new renewable power capacity is being added to grids around the world has been overshadowed by a remarkable trend that could revolutionize the renewables sector. Over the past few

October 05, 2016 02:07 PM Eastern Daylight Time NEW YORK–(BUSINESS WIRE)–Energy oversupply in Peru has reached about 50%, significantly pressuring the prices and profitability of suppliers and likely creating a challenging environment for new investment, according to a new Fitch Ratings report. “Capacity has outpaced demand due to the economic slowdown, with low metal prices […]

Duke Energy is considering the sale of all or most of its international power plants, about 4,400 MW dispersed throughout Central and South America. The company’s international business segment, Duke Energy International (DEI), was forced to make the disclosure in light of a required statement from its Brazilian subsidiary, Duke Energy International, Geração Paranapanema S.A. […]