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Colbun Initiates $500M Solar and Storage Project in Chile
Chilean utility Colbun SA has initiated the environmental permitting process for its Encanto power project in the O’Higgins region, aiming to secure approval for a 249.7-MW solar farm alongside a 260-MW battery energy storage system (BESS). The estimated investment for this venture is USD 500 million, as indicated in Colbun’s application to O’Higgins environmental authorities.The Encanto project will feature over 349,000 photovoltaic modules, a substation, and a transmission line, all to be built on private land in Marchigue. Construction is slated to begin in April 2026, marking a significant step for renewable energy development in Chile. What are the key features and timelines of Colbun's Encanto solar power project? Key Features and Timelines of Colbun's Encanto Solar Power Project Location: Situated in the O'Higgins region of Chile, specifically in Marchigue. Capacity: The project includes a solar farm with a capacity of 249.7 megawatts (MW). It will be integrated with a 260 MW battery energy storage system (BESS) to enhance grid stability and provide reliable energy supply. Investment: The total estimated investment for the Encanto project is approximately USD 500 million. Technology: The project will utilize over 349,000 photovoltaic (PV) modules, which will convert sunlight into electricity. Infrastructure: A dedicated substation will be constructed to manage electricity distribution. A new transmission line will be built to connect the solar facility to the grid, facilitating energy dispatch. Timeline: Environmental Permitting Process: Currently underway, as Colbun has initiated the necessary steps to obtain environmental approvals. Construction Start Date: Scheduled to commence in April 2026. Operational Timeline: Expected to start operations in 2028, aligning with Chile's renewable energy goals. Environmental Impact: The project aims to contribute to Chile's commitment to increasing its renewable energy capacity, reducing reliance on fossil fuels, and achieving sustainability targets. Economic Benefits: The Encanto project is expected to create jobs during the construction phase and potentially in ongoing operations. It will contribute to local development and increase the energy supply for both residential and commercial consumers in the region. Integration with Renewable Goals: The project aligns with Chile's broader strategy to derive 70% of its energy from renewable sources by 2050, supporting national and international climate commitments. Community Engagement: Colbun plans to involve local communities in the project’s development, including consultations to address concerns and potential impacts. These key features and timelines underline the significance of Colbun's Encanto project in advancing renewable energy initiatives in Chile, fostering economic growth while addressing environmental goals.
Jan 1, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Chile, South america, Colbun SA
Acciona launches Malgarida solar PV operates in Chile
works with the 238MW Malgarida I as well as II solar (PV) complex in Chile, covering 535ha. This will be the company's 7th renewable resource center in
Sep 28, 2020 // Plants, Large-Scale, Commercial, Chile, South america, Acciona, José Ignacio Escobar, PV Power Plant
Verano Energy acquires 116 MWp of solar PMGD projects in Chile
said without specifying better. The sites are located in five regions of Chile. The 15 projects, ranging in capacity from 2.5 MWp to 11 MWp, are being
Apr 11, 2022 // Markets & Finance News, Chile, South america, Verano Energy
Spanish Renewable Energy Firm Sells 32.5 MWp of DG Solar Projects in Chile
closed the sale of three solar distributed generation (DG) projects in Chile for USD 44.2 million (EUR 41.4m). The projects, located in Dolores,
Feb 21, 2023 // Markets & Finance News, Spain, Chile, South america, Europe, PV Power Plant, Grenergy
JinkoSolar to Supply PV Modules Worth 126 MW for Chile Project
126 MW of solar modules for the growth of an existing 160 MW solar PV park in Chile. The neighborhood specialist recently introduced the 126 MW expansion of an
Jul 6, 2020 // Manufacturing News, Chile, South america, JinkoSolar, solar modules, International, JinkoSolar Modules Chile, lberto Cuter
Grenergy Renovables S.A. as well as Natixis Close Solar PV Portfolio Financing in Chile
Grenergy portfolio contains solar projects that will certainly operate under Chile's unique regimen for dispersed generation projects (known as "PMGD"). Each of
Jan 12, 2021 // Markets & Finance News, Natixis, Grenergy Renovables, Solar Photovoltaic, solar projects, Electricity, Aitor Alava, Solar PV Portfolio
Spain’s OHL to build utility-scale PV in Chile for Austrian developer
a track record in Latin American solar to build a utility-scale project in Chile’s centre-north. The Austrian developer selected Spain’s Obrascón
Sep 13, 2019 // Plants, Large-Scale, Commercial, Chile, utility-scale PV, South america, ohl, clean capital energy, cce
Blue Elephant Energy purchases 120 MW of DG solar in Chile
Hamburg-based company claimed on Thursday it acquired the portfolio from Chilean programmer Fondo de Inversion Rockville Solar Energy (Rockville) in early Might
Jun 2, 2023 // Markets & Finance News, Chile, South america, Blue Elephant Energy
Microsoft Chile, AES Andes ink renewables PPA
with the other fronts." stated Sergio Rademacher, General Manager of Microsoft Chile. The United States innovation titan has established a target to power all
Apr 8, 2022 // Markets & Finance News, PPA, AES, Microsoft Chile
PV plant supplying grid supplementary services in Chile
project designer First Solar said that its 141 MW Luz del Norte solar plant in Chile is the very first large-scale PV installation to offer industrial ancillary
Aug 21, 2020 // Plants, Large-Scale, Commercial, Grids, First Solar, Chile, South america, PV Power Plant, Carlos Barria
Sunpure's Solar Breakthrough: 480 MW Plant and Robotic Debugging Revolutionize Chile's Energy Efficiency
a solar power company, is advancing solar efficiency in Chile with the completion of a 480 MW solar plant. The company is using robotic debugging to
Jan 22, 2024 // Plants, Chile, South america, PV Power Plant, Sunpure
Acciona inks PPA with state-run desalination plant in Chile
has signed a supply deal with Chilean water utility Empresa Concesionaria de Servicios Sanitarios SA (ECONSSA Chile) that will fulfil the energy
Oct 31, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, PPA, Chile, South america, Latin america, Acciona
Chile EDPR Obtains 628 MW Wind as well as Solar Portfolio in Chilean Market
role in the power transition as well as in the Latin American markets, where Chile offers world class renewable resource generation potential. The access right
May 31, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Chile, South america, Europe, EDPR, Miguel Stilwell de Andrade
Blue Elephant Energy acquires 44 MW solar project bundle in Chile
to browse the web by the end of this year. "We see excellent possible in Chile to drive renewable resource projects sustaining the continent on its course to
Mar 25, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Chile, South america, Solar Project, Tim Kallas, Blue Elephant Energy
Engie removed to begin commercial op of 181-MW solar farm in Chile
Coya solar farm, the biggest renewable resource plant in Engie Chile's portfolio, can powering some 73,000 households, the business stated. The center was
Apr 14, 2023 // Plants, Large-Scale, Commercial, Engie, Chile, South america, solar farm