Chile

The photovoltaic plant “Uribe Solar” was officially commissioned by the vice-minister of national property Jorge Maldonado and the minister of energy Andrés Rebolledo.

In its New Energy Outlook 2017 report (NEO), published earlier this week, Bloomberg New Energy Finance (BNEF) outlines its expectations for energy in the Americas between now and 2040. The report predicts big for the key regional markets Brazil, Chile and Mexico.

The new provisions were published in Chile’s Official Journal in May. The new regulations apply to large-scale solar, wind, geothermal energy and hydropower plants.

With the now completed solar park in central Chile, the British solar developer has further established its presence in the Latin American solar market.

The Chilean mining company also announced it will issue a new tender to select power producers for its copper mine Minera Zaldívar.

An internal U.S. government watchdog is looking at the loans which kick-started large-scale solar in Chile, after at least three of five solar projects have made moves to restructure these loans.

In a meeting held in Berlin the head of Chile’s National Commission for Energy (CNE) presented the upcoming technology neutral power auction, which will be held in December. Solar is expected to have a significant share thanks to very favorable conditions.

The Spanish developer has raised $104 million in financing for nine large-scale PV projects spread across India and Chile.

The Czech solar developer intends to issue public bonds worth 500 million CZK ($19.9 million). The company will use the net proceeds to finance part of a 60 MW PV project pipeline in northern Chile.

The approved project is the $200 million Alwa solar plant. The installation will be located in northern Chile.