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Chile

  • SUSI Partners to fund 860 MW battery energy storage portfolio in Chile

    August 15, 2024

    SUSI Partners will fund the development of a battery energy storage portfolio in Chile, in partnership with local developer BIWO Renovables. The portfolio comprises 22 battery projects with a total capacity of 860 MW. Most projects are in advanced stages, with the first expected to be ready for construction in the first half of 2025. […]

  • Codelco secures US$532 million in climate financing to support full decarbonization by 2030

    August 1, 2024

    Chile’s state-owned copper company, Codelco, has secured US$532 million in climate financing from Crédit Agricole CIB, with a guarantee from the Multilateral Investment Guarantee Agency (MIGA) of the World Bank Group. The funds will support Codelco’s plan to fully decarbonize its energy matrix by 2030, which includes transitioning to renewable energy sources. Source: America Economia

  • HNH Energy proposes US$11 billion green ammonia and hydrogen plant in Chile

    August 1, 2024

    HNH Energy has proposed an US$11 billion green ammonia and hydrogen plant, marking the largest project ever submitted for environmental assessment in Chile’s SEIA. The project includes a range of components: a green ammonia production plant, a seawater desalination facility, a wind farm, a multipurpose port with a maritime terminal, underground power transmission and transport […]

  • Chilean Solar Energy Association proposes plan to boost distributed generation and energy cooperatives

    July 19, 2024

    The Chilean Solar Energy Association (Acesol) has submitted a plan to Chile’s Ministry of Energy aimed at boosting distributed generation and stimulating energy cooperatives. The plan outlines five key areas of focus for 2024-2026 including electrical infrastructure, property layout, education and association, regulation, and equal access. Source: PV Magazine LATAM

  • EDF inaugurates 480 MW CEME1 solar farm in Chile’s Atacama Desert

    July 19, 2024

    EDF inaugurated the 480-MW CEME1 solar farm in Chile’s Atacama Desert, marking Chile’s largest solar project to date. EDF plans to add a 1,200 MWh battery energy storage system to enhance plant efficiency. Source: Renewables Now

  • Chile Senate approves simplified regulations for shallow geothermal energy projects

    June 19, 2024

    The Senate of Chile has approved a new proposal to simplify regulations for shallow geothermal energy projects. This proposal aims to exempt projects using geothermal resources less than 400 meters deep and at temperatures below 90°C from the current concession system. This change recognizes the distinct nature of shallow geothermal systems, which differ significantly from […]

  • Colbun SA fires up turbines at 816 MW wind farm in northern Chile

    June 19, 2024

    Colbun SA launched operations at its 816 MW Horizonte wind farm in northern Chile. Once it is at full capacity the wind farm will be capable of generating 2,450 GWh of electricity yearly. Source: Renewables Now

  • Colbun SA proposes plan for 800 MW pumped-storage hydropower plant

    June 19, 2024

    Colbun SA proposed a plan to use the Pacific Ocean to draw water into a pumped-storage hydropower plant (HPP). If the project is selected for completion in northern Chile it is expected to produce up to 800 MW and cost close to US$1.4 billion. Source: Renewables Now 

  • Corfo incetivizes electrolysers in Chile

    May 31, 2024

    The Chilean government, through the agency Corfo, has announced a subsidy program offering up to US$10 million for the establishment of new electrolyser factories or assembly plants in the country. Source: Hydrogen Insight

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