UK export credit agency offers over GBP 5bn for green H2 in Chile
Sep 13, 2024 15:00 CESTChilean copper producer Compania Minera Dona Ines de Collahuasi SCM has awarded in a tender a contract for the supply of 100% renewable power to Enel Generacion Chile.
The Chilean unit of Enel SpA (BIT:ENEL) said last week that the contract would run for ten years starting April 1, 2020.
The utility is to supply approximately 1 TWh per year of certified renewable electricity, allowing the Collahuasi mine to have a clean power mix.
The new contract also spells the termination of the previous one the miner had with Enel, which concerned the electricity supply from the Tarapaca coal-fired plant. The 158-MW unit of the plant is due to close shop in May 2020 as part of the recently announced Chilean coal phase-out.
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