Chile - Page 26 of 27 - New Energy Events

Success for solar in electricity auctions in Latin America
November 5, 2016
October 20, 2016 The costs of solar power continue to drop in Latin American countries, with electricity being sold for as low as US$30 per MWh in some cases. Mexico awarded more than 3.6 GW of solar at auctions this year and in Chile, a new trend was confirmed. Renewable energy providers are winning contracts […]
Rock bottom solar prices here to stay in Chile
October 31, 2016
Solar prices continue to fall globally, and that remains absolutely true in Chile where the last solar bid was awarded to SolarPack at a record breaking price of $29.10. SolarPack’s Head of Operations in Chile and Peru, Inigo Malo de Molina, told reporters last week, “Though there are voices saying they have doubts, the truth is that we […]
Ardian Infrastructure acquires four solar photovoltaic plants in Chile and Peru from Solarpack
September 30, 2016
Ardian Infrastructure today announced it has acquired an 81% stake in four Solarpack solar PV plants in South America. Three of the plants are in the north of Chile and one is in the south of Peru. Solarpack will continue to handle the plants’ operations, maintenance and day-to-day asset management to maximize the financial return […]
Solar takes at least 6% of Chile’s largest power auction with record low tariffs
August 25, 2016
In an auction without subsidies, solar developers have won 720 GWh of capacity in Chile’s largest-ever power auction. Endesa won about 47% of the tender with an offer not tied to specific projects, while Accion Energia said it will build 183 MW wind facility at La Arauncía. Although wind power dominated the auction, taking 5.8GWh […]
Irish renewable energy firm lands $1.65bn contract in Chile
August 19, 2016
An Irish renewable energy firm, Mainstream Renewable Power (MRP), recently beat out 83 competitors to build seven wind power plants in Chile. The US$1.65 billion project will provide a total 12,000 GWh of electricity under a 20-year operating agreement. MRP has notable experience in the renewables field, having produced more than 2,000 MW across more […]
Green climate fund approves loan for 143 MW solar project in Chile
July 22, 2016
The South Korea-based Green Climate Fund approved a loan for a large-scale PV project in Northern Chile. The site will have an initial capacity of 143 MW, though future expansion could put total capacity at 250MW. Project implementation will be done by Sonnedix, a US-based company. While Chile’s government has taken measures to attract renewable […]
IIC helps finance 54-MW solar project in Chile
June 27, 2016
More financing will help Chile continue its ascent as a Latin American leader in renewable energy. An A-loan of USD 19.7 million (EUR 17.9m) has been issued by the Inter-American Investment Corporation (IIC), and guaranteed by the Inter-American Development Bank, for the 54 MW Los Loros solar PV project in the Atacama Desert. The IIC […]
Solar power over-produced in Chile
June 4, 2016
Solar capacity on Chile’s central power grid has quadrupled to 770 MG over the last three years. This rapid increase has led to the decrease of electricity costs for consumers. Chile currently has 29 solar farms online and 15 more in the pipeline. Some regions are in fact oversupplied with power and the Chilean utility, […]
155 MW of wind approved in Chile despite violation of indigenous rights
March 24, 2016
The Temucuicui Mapuche community of Chile announced its strong opposition to a 155 MW wind farm. The group said that the farm constitutes “plundering, attack and usurpation” of ancestral territory. The community’s announcement was released after Chile’s Environmental Evaluation Service fave the go-ahead for the wind farm to be built on this territory. The Temucuicui community […]