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Chile

  • Photo: Enel

    Enel Green Power assets valued at up to US$7B for Enel merger

    November 13, 2020

    As the process continues to merge the Chilean subsidiary of Italian giant Enel Américas with the Latin American operations of Enel Green Power, the latter’s assets have been valued at up to US$7B.   Sourc

  • Taking a look at Chile’s green hydrogen strategy

    November 10, 2020

    Chile’s national green hydrogen strategy has three main objectives: produce the cheapest green hydrogen on the planet by 2030, become a top-three exporter by 2040 and have 5 GW of electrolysis capacity under development by 2025.     Source

  • GIZ and Chile’s Ministry of Energy explore new financing options

    October 9, 2020

    A joint report by GIZ and Chile’s Ministry of Energy discusses new financing options that could push for further investment in the South American country. Source

  • AME and ENEL bet on green hydrogen in Magallanes

    October 9, 2020

    Enel, AME, Siemens, Porsche y ENAP will partner in a plan to produce green hydrogen. The pilot plant will be powered by wind energy in the Magallanes Region, Patagonia, Chile. Source

  • Chile’s Cerro Pabellon geothermal plant expansion will start operations 2021

    August 7, 2020

    The Cerro Pabellon geothermal power plant has currently a power generation capacity of 48 MW with an expansion in development since 2019. The Cerro Pabellón III project plans to install 33 MW in additional capacity (28 MW net). The company reports that the environmental permit has already been issued, all required turbines are already on […]

  • Santiago | Photo: Jimmy Baikovicius, Flickr

    US$500 million approved for AES Gener renewable projects

    April 22, 2020

    Shareholders of Chilean developer AES Gener approved the proposed raising of US$500 million for the installation of 1.6GW of solar and wind projects in Chile and Colombia.   The total US$1.8 billion in funding will come from a combination of the US$500-million capital increase, cash and third-party partnerships. This includes US$335 million from top shareholder AES […]

  • Photo: Enel

    Energy giant Enel says Covid-19 won’t affect plan for renewables portfolio in Latin America

    April 9, 2020

    In its latest financial announcement, Italian energy company Enel said the pandemic currently poses “no material disruption” to its renewable project supply chain, and that it expects to meet its 2020 energy targets. The company intends to move forward with plans to add an additional 14.1GW of renewables by 2022, which includes projects in Chile […]

  • Chile aims for 100% electric public transportation by 2040

    March 9, 2020

    Chile will underscore its commitment to sustainable energy ahead of Expo 2020, with the announcement by the country’s government they will decarbonise the electric sector and implement 100% electric public transport by 2040 and achieve carbon neutrality by 2050. Source

  • $580 million secured for wind & solar plant in Chile

    November 18, 2019

    Mainstream Renewable Power has raised US$580 million to fund phase-one construction on what will eventually be its 1.3 gigawatt “Andes Renovables” wind and solar power plant in Chile—one of the largest in Latin America. Financing was provided by a consortium of six banks and is one of the region’s largest renewable energy debt financing deals […]

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