MILLION-DOLLAR DEAL IN LAMBAYEQUE! US-based company ClearPower Global plans to invest more than 35 million US dollars in a hydropower project in northern Peru. The electricity is to be generated from water already flowing through the Tinajones irrigation system. No major new dam is planned for this purpose.
GREEN LIGHT FOR THE MULTI-MILLION DOLLAR PLAN!
The state-run Special Project Olmos-Tinajones (PEOT) has authorized ClearPower to utilize existing water infrastructure. The planned facilities are expected to have a total capacity of up to 20 megawatts. The decision concerns the Lambayeque region around Chiclayo, where agriculture and irrigation play an important economic role. However, the approval does not mean that construction will begin immediately.
20 MEGAWATTS! HOW THE PROJECT IS SUPPOSED TO WORK
ClearPower intends to install modular turbines where the water in existing canals overcomes a suitable gradient. According to the company, the first facilities could generate up to 184 gigawatt-hours of electricity per year. This is a forecast, not an achieved production volume. The Tinajones system includes, among other things, the reservoir, the supply canal, and the Taymi Canal. It supplies agricultural land and communities in the Chancay-Lambayeque Valley. The expansion is intended to additionally utilize the infrastructure on the North Peruvian coast for renewable energy.
THE STATE IS SET TO CASH IN, TOO!
The project is designed for a 30-year term. ClearPower is expected to cover the costs of operation and maintenance of the new facilities and pay the PEOT at least 1.5 million soles annually from electricity production. The water infrastructure will remain in state hands. The company is also promising employment opportunities and contracts for regional businesses. Concrete job figures have not yet been confirmed.
THE CATCH: POWER MUST NOT COME AT THE EXPENSE OF FARMERS!
Water supply is indispensable for agriculture in Lambayeque. PEOT therefore demands that the hydropower project must not impair the available water volume, the regular operation of the irrigation canals, or the rights of farmers in the Chancay-Lambayeque Valley. In the event of maintenance, safety issues, or emergencies, usage may be temporarily suspended. Both electricity and reliable irrigation are significant for the economic development of Northern Peru.
MILLIONS INVESTED – BUT WHEN WILL THE FIRST POWER FLOW?
A binding date for the start of construction or commissioning has not been confirmed. ClearPower must first apply for the electricity generation concession from the responsible regional energy and mining authority. Only after approval, construction, and commissioning will it be clear whether the planned 20 megawatts will be achieved. Further regional economic reports can be found at PeruMagazin informs.
Sources and Image Credits
Gestión, September 24, 2026: ClearPower and Tinajones hydropower project.
ClearPower Global / PR Newswire, September 23, 2026: Project scope and planned electricity production.
PEOT, September 22, 2026: Usage approval and protection of water supply, reported by El Huerequeque.
Hero photo: HighVoltage 5576, “Hidroelectrica Moyopampa2.jpg”, Wikimedia Commons, CC BY-SA 4.0, March 17, 2022; external archive photo of a Peruvian hydropower plant, not the planned Tinajones project. License: Creative Commons Attribution-ShareAlike 4.0 International.
