Innergex Powers Up 50MW Chile Battery Storage
Chile has it's first utility-scale battery storage facility with Innergex's 50MW/250MWh Salvador battery facility. With daytime energy storage & peak pricing, it will benefit from capacity payments & generate US$8.2m (CAN$11.4m) in its first full yr. Financed via green bonds in 2022.
Oct 31, 2023 // Markets & Finance News, Storage, Chile, South america, Innergex
Sonnedix Acquires 416MWp Solar in Chile
Sonnedix acquires 416MWp solar PV portfolio in Chile from Enel Chile, producing green energy for over 530,000 homes and avoiding 460,000 metric tonnes of CO2 annually. Refinancing of Sonnedix's largest project in Chile funded by US$624m acquisition financing.
Oct 25, 2023 // Markets & Finance News, Sonnedix, Chile, South america
Solar Truck Conquers Highest Volcano on Earth
See Team Peak Evolution conquer Ojos del Salado volcano with their solar-powered truck! Witness the world record breaking mission with 10.7 kW solar modules and two 120 kW electric motors. Gebrüder Weiss is providing logistical support for this challenging venture.
Oct 10, 2023 // Transport, Chile, South america, David Pröschel, Patrik Koller, David Koller, solar truck
Chile, Argentina Seek Green Energy Boom
Discover how Chile and Argentina are increasing their renewable energy sources, including solar-battery storage hybrid plants, 2.5GW of renewable energy projects, and 215MW of small-scale renewables. Find out their ambitious goals and learn more about renewable energy in the region.
Sep 26, 2023 // Plants, Markets & Finance News, Storage, Chile, Argentina, South america
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.
Jul 25, 2023 // Plants, Chile, South america, solar farm, Pacific Hydro
Leveraging Wind, Solar, Batteries for Chile's Energy Needs
EDP Renovaveis SA awarded public tender to develop 323 MW solar-wind hybrid project in Chile, including batteries for energy storage. EDPR to operate the project for over 40 years, delivering environmental, social and economic benefit to the region. 500 MW of renewable energy projects across South American nation.
Jul 21, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Chile, South america, hybrid project, EDP Renovaveis SA
Big Investors Bet on Chilean Solar: ESG's Stable Prices
Chile's energy regulator and grid operator have criticized incentives for small plants, but lenders welcomed BlackRock's April deal for its competitive return on equity and low risk in a ESG-focused market.
Jun 15, 2023 // Plants, Markets & Finance News, BlackRock, Chile, South america, PV Power Plant
AES Andes acquires 146-MWp solar park in Chile from EDF EN, Marubeni
AES Andes has acquired the 146-MWp Bolero solar park from a 50/50 partnership between EDF EN Chile Holding SpA and also Marubeni Corp (TYO:8002).
Jun 8, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Chile, South america, Solar Park, AES Andes
Blue Elephant Energy purchases 120 MW of DG solar in Chile
German solar as well as wind farm driver Blue Elephant Energy GmbH (BEE) has actually obtained a 120-MW portfolio of solar dispersed generation (DG) assets in Chile for an unrevealed sum, increasing its portfolio in the nation to 281 MW.
Jun 2, 2023 // Markets & Finance News, Chile, South america, Blue Elephant Energy
Europe's SOLEK Shuts $379 Million Funding for Chile Solar Projects
SOLEK currently possesses a portfolio of about 284MWdc in Chile. It likewise revealed entrance in the US Exclusive Placement market (USPP) with issuance of bonds worth $178 million.
Jun 1, 2023 // Markets & Finance News, Natixis, Chile, South america, BNP Paribas, Solar Project, Zdeněk Sobotka, PMGD projects, SOLEK, United States Private Placement market, USPP
Natixis CIB Closes $364m Financing For Chilean Solar Projects
The finances will aid the advancement of solar power projects with a combined capacity of concerning 284 MWdc. These solar projects are owned and run by Solek Holding.
May 31, 2023 // Markets & Finance News, Chile, South america, Aitor Alava, Diego Rausei, Natixis CIB, PMGD plants
Chile's renewables share declines to 35% in April
Chile's non-conventional renewables produced 2,328 GWh gross of electrical energy in April, down by 12.7% month-on-month, Chilean national energy commission CNE said in its most current report on the sector.
May 31, 2023 // Markets & Finance News, Chile, South america
Repsol, Ibereólica Chilean PV project powers up
First phase of Elena solar site currently has 76.8 MW of set up capacity yet will encompass 595MW as soon as complete
May 24, 2023 // Plants, Grids, Chile, South america, repsol, PV Power Plant, Ibereólica
AES Andes gets green light for 863-MW wind, solar hybrid in Chile
Santiago, Chile-based power business AES Andes has actually obtained environmental approval to build an 862.5-MW wind as well as solar hybrid generation plant in the Chilean region of Antofagasta complying with a nearly three-year review process.
May 22, 2023 // Plants, Chile, South america, PV Power Plant, AES Andes
BlackRock's GRP III closes 97-MWp dispersed solar buy in Chile
BlackRock's Global Renewable Power Fund III (GRP III) has actually shut the purchase of a 97-MWp dispersed solar project portfolio in Chile that was established by RRG Capital Management (RRGCM) as well as local partners.
May 19, 2023 // Markets & Finance News, BlackRock, Chile, South america, Global Renewable Power Fund III, GRP III, RRG Capital Management, RRGCM