Chile

EPC points out operational launch of PV assets located in Chile and in India as Q1-Q3 2019 revenues almost double compared to last year, however net profit decreased by more than a half.

The latest figures released by BloombergNEF show new solar and onshore wind power plants have reached parity with average wholesale prices in California, China and parts of Europe. The technologies are winning the race to be the cheapest sources of new generation for two-thirds of the world’s population.

The World Climate Summit in Santiago de Chile, set to be held in just a few weeks, has just been cancelled. Against a background of social protests in the country, concerns have recently grown as to whether logistics and security could be guaranteed for the event. Nevertheless, social problems and environmental protection must not be played off against each other: Both are closely linked to the economic paradigms of recent decades.

Acciona has signed a supply deal with Chilean water utility Empresa Concesionaria de Servicios Sanitarios SA (ECONSSA Chile) that will fulfil the energy needs of a water desalination plant set to come online in the Atacama desert next year.

A study has divided the world into 12 climate zones on the basis of the Köppen–Geiger classification map. The paper confirmed Chile’s Atacama region has the world’s highest solar radiation but also showed the region with the highest performance ratio for PV systems was near Moscow.

Renewables developer Mainstream Renewable Power has more than doubled a financing facility after striking an agreement with Dutch bank ABN AMRO.

Reden Investments Chile and Natixis have successfully closed senior facilities totaling US$96.4 million for an up-to-100MW portfolio of PV projects in Chile.

Batteries that power our smartphones need lithium – an increasingly precious resource. Could Bolivia supply the world?

Solarpack has witnessed gains across several financial indicators so far this year, after progress across various construction contracts in Europe and South America.

Tumbling solar costs have spurred Google on to a dramatic boost of its exposure to the technology, acting to line up supply from projects worldwide as part of a major clean energy push.

Clean Capital Energy (CCE) has picked a Spanish firm with a track record in Latin American solar to build a utility-scale project in Chile’s centre-north.

The early development of PV projects in Latin America was spearheaded by one country: Chile. And while there remain prospects for large-scale project development, its distributed generation segment has the potential for enormous growth, says Marcela Puntí Martín, the general manager of the Chilean Solar Energy Association (ACESOL).

Chile is home to a massive 10.3 million tons of lithium reserves, most of which is found in the Atacama Desert in the northern part of the country. With some of the highest solar irradiation levels on Earth, this region also boasts the perfect conditions for generating solar power. Developments in the photovoltaic market, alongside implementation of more efficient energy storage systems, are positioning Chile as a regional leader in this field. So what does the future hold for battery energy storage systems (BESS) in Chile, and what obstacles lie in their way?

Enel Green Power has reached another development milestone in Latin America, rolling out the first components of what it says is Chile’s largest solar project to enter construction to date.

London-based renewables investor Actis has raised US$1.23 billion for a new investment fund destined for existing infrastructure assets in emerging markets, starting with its own 100MW PV plant in Chile.