At grid parity
Chile: The Chilean Congress is poised to double the current national renewable portfolio requirement to 20% by 2025. Solar development in Chile is mainly driven by mining companies and other industrial investors seeking to mitigate rising power costs.
Chile is being racked by electricity shortages and rising kWh rates at a time when global mining giants are pressing for massive project expansions, a dilemma encouraging solar power and other renewables now. With Comisión Nacional de Energía (CNE) plans to increase the national generation capacity by nearly 50% by 2020 – adding 7,000 MW …
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