Solar capacity on Chile’s central power grid has quadrupled to 770 MG over the last three years. This rapid increase has led to the decrease of electricity costs for consumers.
Chile currently has 29 solar farms online and 15 more in the pipeline. Some regions are in fact oversupplied with power and the Chilean utility, SIC, is considering the installation of a 3,000 km (1,854 mi) transmission line to route excess power to Chile’s northern power network.
“There are huge opportunities for Chile… [to] export some of this renewable energy to other countries in the region,” Chile’s Energy Minister Maximo Pacheco told Bloomberg, “We are in a region of the world that has huge opportunities for integration and interconnection.”
