Pacific Hydro Launches 293-MWp Solar Farm in Chile

• Pacific Hydro is investing USD 260 million in its first solar farm in Chile, the 293-MWp Desierto de Atacama solar park project. With the expansion, it will generate 784 GWh of electricity, enough to power 310,000 homes. This project is part of Chile's 'National Energy Strategy 2050' for a 70% clean energy mix by 2050.

Pacific Hydro is investing USD 260 million in its first solar farm in Chile - the 293-MWp Desierto de Atacama solar park project in Tierra Amarilla. Originally designed to generate 120 MWp, the company refiled for an environmental permit in 2021 to expand the proposed facility, enabling it to generate 784 GWh of electricity per year, enough to power around 310,000 homes. Pacific Hydro is owned by China’s State Power Investment Corporation (SPIC) through China Power International Development (CPID). This project is part of Chile’s ‘National Energy Strategy 2050’, which outlines the country’s plans to reach a clean energy mix of 70%, by 2050.

What Is Pacific Hydro Investing in Chile's Solar Park?

• Pacific Hydro is investing in the 293-MWp Desierto de Atacama solar park project in Chile's Tierra Amarilla, increasing the proposed facility's capacity to 784 GWh of electricity per year.
• Pacific Hydro is owned by China’s State Power Investment Corporation (SPIC) through China Power International Development (CPID).
  
• This project is part of Chile’s ‘National Energy Strategy 2050’, which outlines the country’s plans to reach a clean energy mix of 70%, by 2050.
• In addition to the Desierto de Atacama solar park, Pacific Hydro has also invested in the San Juan, San Juan Solar, and San Juan Solar 20 solar projects in the same region.
• Pacific Hydro is also investing in other renewable energy projects in Chile, including the development of wind farms, solar and battery storage projects, as well as geothermal projects.
• Pacific Hydro's investments are part of the Chilean government's plan to reduce emissions and transition to renewable energy sources.
• These investments are expected to help create jobs and boost economic growth in the region.