Chile

Matrix Renewables Closes Financing for 328-MW Solar Dispersed Generation Portfolio in Chile

Matrix Renewables, a Madrid-based renewable energy platform backed by the global alternative asset manager, TPG, closed a non-recourse, long-lasting financing agreement for 328 MW of solar-dispersed generation (DG) projects in Chile. Out of the 48 photovoltaic projects in Chile’s PMGD program (projects with a generation capacity surplus is lower than or equal to 9,000 kW), […]

Chile and Bolivia resume dialogue for possible electricity integration

Representatives of the Ministries of Energy of Chile and Bolivia have resumed talks to develop an electrical interconnection study, which will be financed by the Inter-American Development Bank (IDB). The geothermal industry is a potential big winner. Source: ThinkGeoEnergy

Chile’s 2022 power auction announced

The Chilean Energy Commission (CNE) is set to launch a new power auction later this month. The auction will give domestic and international power producers, including renewable energy generators the chance to close 15-year PPAs with qualified distributors. One of the conditions of the auction will ensure that electricity distributors in the country secure up […]

Chile plans six green hydrogen projects by 2025

Corfo, a Chilean development agency has approved six hydrogen projects with a cumulative electrolyzer capacity of 396MW for development, financed by US$50 million in public subsidies. These projects are expected to increase the production of green hydrogen to more than 45,000 tons per year and attract new investments of US$1 billion. Their goal is to […]

Mountain Partners to Create Chile’s First Climate VC Fund

For the first time ever, Chile will have a climate venture capital fund that will focus on investing in companies contributing to fighting climate change. Mountain Partners AG’s Chilean division is in the process of setting up the fund. They planned to raise $50 million, and have already secured most of the funding. Its first […]

Chile: Santiago airport is set to be the first in the region to use hydrogen as fuel

Both the Chilean Ministry of Energy and Mining and Arturo Merino Benitez International Airport announced their plans to evaluate initiatives and projects that would promote the use of green hydrogen in aircraft operating in the country’s capital. It becomes the first airport to use this technology in Latin America.   Source

Chile gets its first green hydrogen truck from South Korea

Chile announced it is poised to be getting its first green hydrogen truck in early 2022. The XCIENT Fuel Cell truck will be brought in from South Korea, where it was devised and developed. Source (in Spanish)

Colbun to build major wind farm in northern Chile

Chilean generator Colbun plans to install Latin America’s largest wind farm in the Atacama desert, expanding Chile’s burgeoning renewable energy base which the government hopes to leverage for green hydrogen. The 778MW Horizonte project requires $850mn in investment for the installation of 140 turbines 130km (80.8mi) from Taltal in the Antofagasta region. Construction is scheduled […]

Porsche and Siemens break ground on low-carbon e-fuel plant in Chile

Porsche and Siemens are developing a low-carbon synthetic fuel that combines green hydrogen (produced by wind-powered electrolysis) with carbon dioxide (filtered from the atmosphere) to form methanol, which is in turn then turned into gasoline. On Friday, the two organizations broke ground on the Haru Oni manufacturing plant near Punta Arenas in Chile. Assuming all […]