Chilean heights
Chile: The development of solar in Chile has surprised and delighted in equal measure. Growth is strong and there is a major focus on the technical challenge of successfully installing systems. Daniel Barandalla and Ragna Schmidt-Haupt of DNV GL highlight quality ensuring measures that reduce the uncertainties of the financial returns of a PV project during the development, financing and operations phase in a climatic and environmentally outstanding region.
Chile presents excellent opportunities for solar, with strong resources, high wholesale power prices, political and regulatory stability, strong economic growth and a healthy financial sector. Moreover, political commitment to developing domestic, non-conventional renewable energy is high. Despite these unique opportunities, challenges remain for the industry. Grid infrastructure is often weak in areas of best resource …
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