Argentina and Chile are reactivating the Andes Interconnection Line to facilitate the bidirectional exchange of energy. During the day, Argentina will receive 80 MW of solar from Chile, but it will export back 200 MW of natural gas at night.
The Chilean government said that existing coal power plants will be gradually closed, although by 2030, the fossil fuel is still expected to account for 25% of thermoelectric power production. Renewables, however, are forecast to cover the remaining 75%.
The project was selected by the Chilean government in November’s renewable energy auction.
The facility, which is located in the region of Coquimbo, will sell power to the Metro of the country’s capital city, Santiago under a long-term PPA.
In the first eleven months of 2017, new PV additions reached a total of 761 MW. Cumulative capacity now sits at 1.8 GW.
Developers connected around 700 MW of solar to the Chilean grid In the first eight months of this year.
The Spanish company was awarded a US$117 million contract to build the project near Santiago.
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