Installed Renewable Energy Capacity
Key Players
  • Department of Petroleum and Energy (DPE)
  • PNG Power Ltd
  • Independent Consumer and Competition Commission (ICCC).
  • PNG Sustainable Development Program Ltd
  • National Energy Policy 2016-2020
  • Electricity Industry Act 2002
  • Independent Consumer & Competition Commission Act 2002
  • Papua New Guinea-Solar Irradiation and PV Power Potential Maps
  • IRENA RE Resource
  • Renewable energy opportunities and challenges in the Pacific Islands region
  • Energy Sector Assessment
  • Designing rural electrification solutions considering hybrid energy systems for Papua New Guinea
  • Lighting Papua New Guinea
  • Powering PNG into the Asian Century
  • PNG Power Pilot Rooftop Solar Program
Graphs have been developed using HIGHCHARTS software under the Creative Commons Attribution-NonCommercial 3.0 License
Key Economic Indicators
  • GDP (current)
    USD 20.54 Billion
    in 2017
  • GDP growth rate (current)
    2.55%
    in 2017
  • WB Ease of doing business rank
    108
    in 2018
  • Foreign direct investment
    USD -180.18 Million
    in 2017
  • Lending interest rate to private sector
    8.39%
    in 2017
  • Domestic Credit to Private Sector
    21.43%
    in 2017
Key Energy Indicators
  • Electric power consumption per capita
    NA
    in 2014
  • Share of electricity from RE in grid
    34.53%
    in 2015
Sovereign Credit Rating
  • Standard & Poor's
    B
  • Moody's
    B2
  • Fitch
    NA
NEXT IN EMERGING ECONOMIES
Peru is a country in the western South America. It is the third largest country in South America after Brazil and Argentina, and extends over 1.28 million square kilometres (km2) with a large diversity of ecosystems, mineral and energy resources. Peru has a population of almost 3.22 crores, mostly concentrated in the capital city of Lima and Spanish is the official language.