United Nations

The purpose of the Poechos II hydroelectric power plant is to generate electricity, utilizing renewable energy sources to be supplied to the Peruvian National Inter-connected Electric Grid (SEIN).

The project resides in the industrial district of Bocaiúva, in the northern state of Minas Gerais, a region dedicated to metallurgy, mining, agriculture and reforestation. The project replaces fossil fuel by renewable biomass at one of the factories of Rima Industrial.

The objective of the project is the generation of zero carbon emission electricity from a renewable source - hydropower.

The Project is developed in a hydroelectric power plant located in Peru, in the North-western Department of Piura and has an installed capacity and projected yearly average generation of 15.2 MW and 57,740 MWh. The Project is expected to displace 31,463 tCO2e per year.

Polaris Renewable Energy Inc. ("Polaris") is dedicated to the acquisition, development, and operation of renewable energy projects in Latin America. As a high-performing and financially sound company, we are a key contributor to the energy transition. Our commitment to sustainability is deeply embedded in our business stra…