Chile’s transit system to be powered by renewable energy

Chile’s capital city is set to become home to one of the first subways in the world to source a majority of its power needs from renewable energy. Metro de Santiago, Latin America’s second largest subway system, will source 60 per cent of its energy from solar and wind projects. In a statement Metro de […]

Chile, Mexico, Argentina set to take the lead over Brazil

A new report from Infiniti Research outlines Latin America’s ambitious plans for renewable energy as the region expects to install over 47 gigawatts of new capacity in wind energy alone over the next 10 years. Until recently, Brazil was the dominant player in Latin America’s wind power market, but political and economic instability will likely weaken […]

Chile releases new rules for renewables on public land

Chile’s Ministry of National Property has issued a new regulation for using state land for the development of projects in the renewable energies sector. The new provisions were published in the country’s Official Journal in May. According to PV Magazine, the new rules will also apply to projects that are already approved. The new provisions […]

Chile commissions 40MW solar park

Chilean project developer Imelsa has announced the commissioning of the substation to enable the energy injection of the Doña Carmen solar park, located in the region of Valparaíso, to the Central Interconnected System. The plant, which has a power of 40 megawatts, belongs to the company Energía Cerro El Morado SA The project was submitted […]

Chile, Guatemala and Peru lead proposals for GDF geothermal facility

In his presentation on the experience of KfW at a risk mitigation panel of the GEOLAC conference in Mexico City, Jens Wirth, Senior Project Manager at KfW shared results of the first call of the Geothermal Development Facility (GDF). The GDF was set up as the first multi-donor climate initiative to promote geothermal energy in Latin […]

Chile: Delays in 42% of contracts from 2016 tender

42 percent of the electricity supply contracts awarded in the last tender in Chile are pending approval by the National Energy Commission (CNE). At the beginning of April, the agency would only have authorized 333 of the 775 agreements awarded in the tender of August 2016, according to Diario Financiero. The last tender of supply […]

Chilean geothermal plant begins operations, a first for South America

The long anticipated 48 MW geothermal power plant Cerro Pabellon has started commercial operation supplying electricity to Northern Chile. The Cerro Pabellón plant is located at an elevation of 4,500 meters above sea level in the Ollagüe commune in the Atacama Desert. The plant is the first geothermal installation in all of South America, and […]

Chile: Solar prices likely to keep falling

Chile’s next auction in October will see prices continuing to fall, according to the company who set records for lowest solar PPA last year.  “There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, […]

Chile: $30m loan for exploratory phase at Cerro Pabellon geothermal project

The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America—the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by […]