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Chile

  • Chile commissions 40MW solar park

    June 2, 2017

    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

    April 27, 2017

    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

    April 25, 2017

    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

    April 3, 2017

    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

    April 3, 2017

    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

    March 29, 2017

    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 […]

  • Chile: Successful efficiency policies to reduce capacity needs for next tender

    March 27, 2017

    Chile is set to reduce the amount of capacity on offer in its next major power tender and delay the start of power purchase agreements (PPAs) by a year, according to executive secretary of the National Energy Commission (CNE), Andres Romero. The CNE has yet to confirm these actions, but it has estimated that it […]

  • Grenergy secures $9.8m to build three new solar plants in Chile

    March 17, 2017

    Adding to its growing Chilean portfolio, Grenergy has made further headway as a market leader in the Chilean energy industry. The company has secured the financing of three new solar plants in the Andean country with the Inter-American Corporation of Infrastructure Financing (CIFI) for an amount of 9.8 million dollars (9.3 million euros), as reported […]

  • Chile approves 450 MW solar + storage project

    March 9, 2017

    SolarReserve announced it has received approval from the government of Chile to construct a 450-MW solar facility with energy storage. The Tamarugal Solar Project in the Tarapaca region of Chile will consist of three 150-MW solar thermal towers, each with 13 hours of full-load energy storage and 5.8 GW/h of total energy storage capacity. “SolarReserve’s […]

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