Chile

Chile's non-conventional renewables created 35.7% of the nation's electricity in November, reads the most up to date report on the field from Chilean power commission CNE.

Chilean energy Colbun SA on Monday inaugurated its 230-MW Diego de Almagro Sur solar farm with an 8-MW battery power storage space system (BESS) in Chile's Atacama area, as well as stated that it going to add the storage space component to most of its renewable resource projects in the future.

The Latin American country has far exceeded its goal to get to 20% of energy production from renewable resources by 2025

Chilean utility Colbun SA has renegotiated the terms of a decade-plus old power purchase agreement (PPA) with state-owned copper miner Codelco to gradually replace the contracted supply of coal-based electricity with 100% renewables.

Spanish renewables developer Grenergy Renovables SL (BME: GRE) claimed on Thursday it had authorized 2 power purchase contracts (PPAs) to provide around 240 GWh of solar power annually to a utility in Chile.

Global independent power manufacturer (IPP) Sonnedix Power Holdings Ltd said on Wednesday that it has actually settled the acquisition of Chile-based peer Arco, a platform with 290 MW wind and solar projects in the country.

Japanese renewable power developer Eurus Energy Holdings Corp introduced on Thursday that 18 MW of its Chilean solar projects were chosen to receive financial backing by the Japanese Ministry of the Environment.

Chile produced 31.8% of its power in August from renewable resources, Chilean energy commission CNE stated in the latest report on the industry.

Renewables firm Enel Green Power Chile stated on Wednesday that it has obtained a permit to begin business procedure of its 161-MW Sol de Lila solar farm situated in the Chilean region of Antofagasta.

UK-Chilean joint venture (JV) Highview Enlasa on Thursday protected the ecological approval to construct a 50-MW/600-MWh liquid air energy storage (LAES) center in Chile's area of Atacama, according to public records uploaded on the Chilean environmental agency's web service.

Spanish integrated solar PV platform Enerside Energy SA (BME: ENRS) stated on Monday that it has actually signed contracts to develop 75 MW of solar projects for third parties in Spain and Chile.

Chile awarded a total amount of 777 GWh/year of new generation backed by 3 various new renewable projects, of which the Zaldivar Project will account for 16 per cent. The Zaldivar Project is anticipated to displace greater than 263,000 lots of CO2 emissions each year.

Natixis Corporate & Investment Banking (Natixis CIB) has actually led a US$ 360 million financing round for a Chilean PV portfolio consisting of more than 360MW.

Santiago-based electrical utility Enel Green Power Chile SA has actually gotten government authorization to commence commercial operations at the 60.9-MW Azabache solar energy plant in the north of the nation.

Renewables programmer Mytilineos has seen its profits soar to EUR166 million (US$ 168.56 million) in H1 2022, with renewables sales nearly doubling.