Engie Energia Chile SA will invest US$450 million into the 342 MW Lomas de Taltal wind farm project and US$300 million into the 638-MWh Coya battery energy storage system (BESS) in Chile. Source: Renewables Now
Chile inaugurated the world’s first photovoltaic plant built on a closed tailings dam. The 3 MW project cost a total of US$3 million. Source: PV Magazine LATAM
Engie Energía Chile will construct an energy storage system located in the Coya photovoltaic plant in the Antofagasta region. The project will have a capacity of 638 MWh. Source: PV Magazine LATAM
The IDB approved a line of credit for US$1 billion towards investment projects in Chile that will aid in boosting productivity and sustainable development. The first disbursement of the 25-year loan – US$400 million, was already authorized. Source: Latin Finance
Colbun has completed the development of the 230 MW Diego de Almagro Sur solar plant in Chile’s Atacama region. The solar plant is connected to 8 MW/32 MWh of battery storage. Source: PV Magazine
AES Andes has launched a bidding process to offer green hydrogen from a 2.5 MW electrolysis plant that they are building in Chile. The company expects to produce 1000 kg/day of green hydrogen. Operation will start in 2024. Source: Renewables Now
Colbun SA, the Chilean Utility, has renegotiated a PPA with Codelco, the state owned copper miner, to gradually replace the contracted supply of coal-based electricity with 100% renewables. The contract will last until 2044. Source: Renewables Now
Chile sets Non Conventional Renewable Energy (NCRE) record by exceeding the production of electricity from coal over a 12-month period with solar and wind power generation. Source: BN Americas