AES Andes pledges USD 3bn in new solar, storage mega-projects in Chile
Sep 09, 2024 8:07 CESTChile's environmental authorities have approved projects for two photovoltaic (PV) parks of 9 MW each in the Marchigue municipality of O'Higgins region.
The projects involve initial investments of USD 18 million (EUR 16.1m) each and will be connected with the local network of power distributor Emelectric, part of the central Chilean grid SIC. Each project is designed for 46 years.
The environmental impact declarations were filed last year by GR Araucania SpA and GR Canelo SpA, respectively, run by Spanish renewable energy firm Grenergy Renovables, which has been present in Chile since 2013.
Regional administrator Juan Ramon Godoy welcomed the approval on Monday as a step towards a more secure and sustainable energy mix with reasonable prices.
(USD 1 = EUR 0.894)
AES Andes pledges USD 3bn in new solar, storage mega-projects in Chile
Sep 09, 2024 8:07 CESTRenewables raise share in Chile's power mix to 36.7% in July
Sep 02, 2024 15:05 CESTChile's Eastern Island utility issues EOI for solar, storage project
Aug 30, 2024 15:07 CESTUK export credit agency offers over GBP 5bn for green H2 in Chile
Sep 13, 2024 15:00 CESTGrenergy expands BYD battery order to 3 GWh for Chilean project
Sep 13, 2024 11:43 CESTChile's c-bank optimistic about green hydrogen's economic potential
Sep 12, 2024 15:26 CEST