Chile - Page 24 of 28 - New Energy Events

Chile: Solar prices likely to keep falling
April 3, 2017
Chile’s next auction in October will see prices continuing to fall, according to the company who set records for lowest solar PPA last year. “There is an enormous amount of competition in this market and none of the fundamentals have changed from the previous auction,” Inigo Malo, Solarpack Corp. Tecnologica’s manager for the Andean region, […]
Chile: $30m loan for exploratory phase at Cerro Pabellon geothermal project
March 29, 2017
The Inter-American Investment Corporation (IIC) has signed a US$30 million corporate loan facility with Enel Green Power Chile to finance exploratory works for what could be the first geothermal power project in South America—the Cerro Pabellon geothermal power plant in Chile. The loan will be funded by the Clean Technology Fund Loan (CTF), administered by […]
Chile: Successful efficiency policies to reduce capacity needs for next tender
March 27, 2017
Chile is set to reduce the amount of capacity on offer in its next major power tender and delay the start of power purchase agreements (PPAs) by a year, according to executive secretary of the National Energy Commission (CNE), Andres Romero. The CNE has yet to confirm these actions, but it has estimated that it […]
Grenergy secures $9.8m to build three new solar plants in Chile
March 17, 2017
Adding to its growing Chilean portfolio, Grenergy has made further headway as a market leader in the Chilean energy industry. The company has secured the financing of three new solar plants in the Andean country with the Inter-American Corporation of Infrastructure Financing (CIFI) for an amount of 9.8 million dollars (9.3 million euros), as reported […]
Chile approves 450 MW solar + storage project
March 9, 2017
SolarReserve announced it has received approval from the government of Chile to construct a 450-MW solar facility with energy storage. The Tamarugal Solar Project in the Tarapaca region of Chile will consist of three 150-MW solar thermal towers, each with 13 hours of full-load energy storage and 5.8 GW/h of total energy storage capacity. “SolarReserve’s […]
Enel Green Power breaks records in Latin American capacity additions
February 15, 2017
Enel Green Power made significant capacity additions in 2016, including projects in Mexico, Chile, Brazil and Peru. Enel Green Power reported that it added 2,018 megawatts of renewable energy capacity last year, a 124% increase from around 900 megawatts capacity added in 2015. Quite understandably, a good majority of the new capacity was added in […]
Chilean 245 MW solar project secures planning consent
February 9, 2017
The 245 MW Escondido solar PV project is one step closer to construction after Mainstream Renewable Power has secured planning consent from the Chile’s Environmental Assessment Service. The $290m project involves construction of two solar parks located in the communes of Copiapó and Tierra Amarilla: Parque Solar Río Escondido and Parque Solar Valle Escondido. Mainstream […]
Chile announces auction for October 11, 1,620 GWh up for bid
January 30, 2017
The Chilean government has published the guidelines of the new electricity tender, which will auction 1,620 GWh annually in the daylight block. Throughout the 2017/01 Supply Tender, which covers the needs of the regulated customers, 4,200 gigawatts per year are to be auctioned altogether, according to the definitive guidelines published on Thursday. The winning projects […]
Chile looks to neighbors for energy exports and grid connection
January 20, 2017
Chile is exploring an increase in energy exports to Argentina and connecting electricity grids in Argentina and Peru, as it seeks to capitalize on friendly relations to drive down prices. Chile, which has almost no hydrocarbons of its own and an energy-intensive copper mining industry, has struggled for years with high power prices. But a shift […]