Chile - Page 20 of 27 - New Energy Events

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 […]
Construction starts on Chile geothermal plant’s 33MW addition
September 3, 2019
The construction of a third generation unit at Cerro Pabellon geothermal power plant in Chile which will add 33MW of new capacity started last week. Construction is led by Geotermica del Norte SA, a joint venture between Enel Green Power Chile, and Chile’s state oil company Empresa Nacional del Petroleo SA. An investment of USD […]
Chilean government shows increasing enthusiasm for geothermal
August 2, 2019
Chile’s Undersecretary of Energy, Ricardo Irarrázaba, highlighted the geothermal potential of the country, and his government’s commitment to take advantage of this energy resource. The geothermal potential of explored areas in Chile is around 3000MW, which with the possible uses of thermal energy in Chile “places us, again, in a privileged place worldwide for the […]
Closing GEOLAC 2019: Cerro Pabellón Geothermal Plant Site Visit

From our Editorial Team
July 24, 2019
The 6th Geothermal Congress for Latin America and the Caribbean (GEOLAC) closed with a site visit to the Cerro Pabellón Geothermal Plant. Located 4,500 meters above sea level in the Atacama Desert, Cerro Pabellón is Chile’s only geothermal plant, and the highest in the world. The tour, led by Guido Cappetti, CEO of Geotérmica […]
Chile to issue more sovereign green bonds
June 28, 2019
Chile emitted its first sovereign green bond last week. Due to its success, further sovereign green bonds are expected to be issued by the state. The bond low’s interest rate, good rating and its high demand resulted in the success of Chile’s first green bond to surpass expectations. “The issuance of our first green bond […]
Chilean Government Q&A: What’s next for geothermal?

From our Editorial Team
June 17, 2019
Q&A with Gabriel Prudencio Flaño, Head of Sustainable Energies Division, Ministry of Energy, Government of Chile Following the 2017 commissioning of South America’s first geothermal power plant, Chile continues to look for ways to expand its geothermal portfolio. Chile’s Ministry of Energy shares thoughts on the sector and how a government effort to remove regulatory […]
Chile gives go-ahead for 30MW geothermal plant
June 17, 2019
A USD 200 million expansion of the Cerro Pabellón geothermal plant in Chile has been given the go-ahead by the country’s environmental watchdog. This geothermal plant was the first in South America to enter into operation. A subsidiary of Enel Generación, a multi-national power company and leader in the renewable field with a presence in […]
50MW geothermal project in Chile expected in 2024
June 4, 2019
The geothermal project ‘Mariposa’ in Chile’s Maule region is expected to enter into service in 2024. Energy output from the geothermal plant will be incorporated into the national grid. The 50MW project is a joint venture led by the Energy Development Corporation and Alterra, two established companies in the renewable energy field. A further 50MW […]