Chile

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 […]

Renewables make up a fifth of energy sources connected to Chile’s central grid

May 3, 2019

Chile’s National Energy Commission has published a report which highlighted that over a fifth of the country’s energy sources connected to the central grid are from clean renewable sources. The total installed capacity of renewable energy is of 4.884MW. In the sector of geothermal energy generation, 40MW are currently in testing phase, 120MW are in […]

License granted for geothermal project in Chile

April 24, 2019

The Chilean Energy Ministry has awarded a license for geothermal exploitation of the Peumayén concession in souther Chile to Transmark Chile SpA. Transmark Renewables is an international company specializing in the global development of geothermal energy, with presence in three continents. One of the regional centres of the company is in Chile. A license was […]

Bill sent to Chilean Congress to better geothermal concession system

March 25, 2019

The Chilean Minister for Energy, Susana Jiménez, announced a bill would be sent to the Chilean Congress to facilitate the development of geothermal projects. This is a clear signal from the Chilean Government of its commitment to geothermal and the benefits it brings in consistent and clean energy, and its aim to facilitate investment and […]

Potential for geothermal in Chile’s Magallan region

February 11, 2019

A recent international seminar has highlighted the potential for geothermal energy production in Chile’s Magallan region. With more than 1800 craters in the Pali Aike sector and remnants of thermal sources in the Skyring Seno, this volcanic region has clear geographical advantages for the generation of electricity through geothermal power. These findings were presented at […]

Chile to develop geothermal sector with international support

October 8, 2018

At a seminar organised by Chile’s Geothermal Council, the Minister for Energy, Ms. Susana Jiménez, announced her ministry’s collaboration with the World Bank and the IDB to develop the country’s geothermal sector. Their aim is to remove technological, market and regulatory barriers to “trigger in Chile the large-scale development of geothermal energy”. The project will […]