Over the last five years, Peru has demonstrated significant exponential foreign direct investment and gross domestic product growth adding to its promise as an attractive location for the cultivation, processing, distribution and use of alternative fuels. Specifically, Peru’s superior soil and agro-climate conditions allow for year-round sugarcane harvesting and high yields as water and nutrient content can be managed using modern irrigation technology. This compares favorably with uncontrolled climates in other countries where sugarcane is being cultivated. Low transportation costs for exporting and distribution are also available due to coastal access and proximity to the Pan-American Highway.
Peru is consistently ranked one of the highest yield sugarcane producers in the world based on average yield per hectare. Peru also has a constructive tax, regulatory and alternative energy-friendly legislative environment. Additionally, investment-grade credit ratings were recently assigned to Peru’s long-term foreign and local currency debt.
Ethanol — particularly sugarcane ethanol — is a clean burning, high-octane biofuel. It is a renewable energy source and can be grown year after year. Pure ethanol, a grain alcohol produced from sources such as corn and sugarcane, is not typically used as a replacement for gasoline. Rather, anywhere from 10-85% ethanol can be integrated into a gasoline supply to reduce both oil consumption and fuel burning emissions that contribute to global warming. Sugarcane has become the primary fuel source for Brazil, a country that has successfully weaned itself from a dependency on foreign oil. Stratos believes that Peru is capable of growing up to twice the amount of sugarcane per hectare (ha)* than an equivalent operation in Brazil.
*A hectare (ha) is a metric unit used to measure area
1 ha = ~2.5 acres
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