Chile

Chile Predicts H2 Magallanes Facility will Produce 888,000 Tons of Green Hydrogen Per Year

January 19, 2022

After Chinese oil and gas company Sinopec announced the development of a massive green hydrogen facility that will produce about 20,000 tons of green hydrogen per year, Chile announced a larger green hydrogen project, H2 Magallanes. Chile predicts the project will produce around 888,000 tons per year. Source: Hydrogen Fuel News

CEGA Uses FIC-R Award to Develop Low-Temperature Geothermal Energy Project

January 17, 2022

After being awarded the Innovation Fund for Regional Competitiveness (FIC-R), The Center of Excellence in Geothermal Energy of the Andes (CEGA) plans to expand its implementation of projects for the use of low-temperature geothermal energy. One of the projects they’re developing will use shallow geothermal energy and operate at one of the lowest costs in […]

CORFO Provides USD 10 Million to ENGIE SA for the Development of the First Green Ammonia Production Plant in Chile

January 17, 2022

CORFO has chosen six of the twelve proposals presented in their first call for applications to develop green hydrogen production plants in Chile. The projects will receive total development contributions of US$50 million. The proposals include the development of the first green ammonia production plant in Chile.   Source: International Mining

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

January 14, 2022

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

Chile and Bolivia resume dialogue for possible electricity integration

January 5, 2022

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

January 3, 2022

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

December 28, 2021

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

December 9, 2021

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

October 26, 2021

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