Chile

The Chilean environmental authorities are currently scrutinizing the projects Solar La Pampina (160 MW), Gabriela (220 MW), Ghungnam Kcs (709 MW of PV and 300 MW of CSP), Pelequén (175 MWp), and Planta Solar Sol del Loa (640 MW).

A Carbon Tracker report estimates 60% of the world’s technical solar potential – enough to produce 3.5 exawatt-hours of clean electricity per year – would already be cheaper than fossil fuel if installed. Of the remainder, most would be in sub-Saharan Africa, a region which has the potential to be a global solar and wind powerhouse.

The $18bn worth of sustainable finance instruments floated in the nation last year marked a retreat from previous highs but, with most of the bonds issued from July onwards, the recovery is under way, according to the IFC, which is anticipating a more-than-$100 billion sector in emerging markets over the next three years.

A consortium led by Abengoa and Acciona has commissioned a 110 MW concentrated solar power project, paired with 100 MW of PV, in Chile’s Atacama Desert.

New statistics from ACERA, the Chilean renewable energy association, show that solar covered around 12.9% of the country’s total electricity demand in March.

A Chilean startup is using solar energy to produce high-quality drinking water from the humidity in the air. The first plant is located in Chile, but there are plans in the works to expand to Colombia and Peru.

The Chilean Minister of Energy and Mining has announced the signing of a memorandum of understanding to export green hydrogen to the Port of Rotterdam. The deal adds to the one signed with Singapore in early March to identify the best routes to reach Asian markets.

Ibereólica has submitted the project, set to be located in the Antofagasta region, to Chile’s environmental authorities for approval.

EDF and Oceanus plan to build a pumped hydro storage station and a desalination system powered by wind and solar. The system will use saltwater to produce hydropower during periods of high demand, while producing affordable freshwater.

Researchers from the Center for Solar Energy Technologies of Fraunhofer Chile have conducted a comparative analysis which shows that the lowest levelized cost of energy (LCOE ) in Chile can be achieved by a combination of large scale PV and concentrated solar power (CSP).