Atlas seeks enviro nod for 854MWac PV project in Chile’s Atacama Desert

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Atacama Desert. Source: Fotopedia

Chile’s environmental regulator is considering plans by Atlas Renewable Energy to splash US$450 million on a 726MWp solar plant in the high-irradiation Antofagasta region fast becoming the nation’s solar hub.

The Alfa Solar plant will have a nominal capacity of 854MWac and be connected to the grid through a new transmission line.

According to a report submitted by Atlas Renewable energy to the regulator’s website, the plant will generate between 800 and 1,300 jobs in construction and 18 to 25 jobs once operational.

The project joins a backlog of proposals by solar developers flocking to the region, which is home to the Atacama Desert and some of the world’s highest irradiation levels. In recent months, Chilean power company Colbún has filed an application for 788MWp solar plant; Ibereolica Renovables revealed that it is planning a 500MW PV facility and Enel has submitted proposals for a 498MW solar pipeline.

The news come just one week after Atlas – a unit of London-headquartered private equity house Actis – signed a US$190 million deal with mining giant Anglo American in Brazil, touted as the country’s “largest” PV power deal to date.

In early March, Atlas issued a US$253 million green bond, with plans to channel the proceeds towards a 314MWp solar duo, also in the Atacama Desert.

Cumulative installed renewable capacity in Chile grew from 5.08GW in 2018 to 5.9GW in 2019, almost doubling the 3.2GW recorded in 2016, according to green energy body ACERA.

Clean energy covered 19.4% of the Latin American country's electricity generation last year, bringing the 20%-by-2025 government target within easy reach in 2020.

The prospects and challenges of Latin American solar and storage will take centre stage at Solar Media's Energy Storage Latin America, to be held in Colombia on 23-24 June 2020.

Read Next

February 25, 2021
The Global Wind Energy Council (GWEC) and Global Solar Council (GSC) have called on Mexican lawmakers to prevent changes to the country’s Electricity Act, Ley de la Industria Electrica (LIE), which pose what they call “an unequivocal threat" to private investment in clean energy.
February 23, 2021
Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030.
February 19, 2021
Green energy group Mainstream Renewable Power and Norway’s Acker Clean Hydrogen have signed a letter of intent to explore the development of green hydrogen and producing ammonia in Chile.
February 8, 2021
Brazilian company JKL Energy is planning to develop a 1GW solar PV project in the state of Piauí, the local government has announced.
January 20, 2021
In this project round-up, NextEnergy makes acquisitions in Portugal and Chile and BayWa r.e. sells two solar sites in Malaysia to local power producer reNIKOLA Sdn Bhd.
January 13, 2021
A round-up of the latest news in solar project development, as Grenergy secures €70 million for Chile farms, ReneSola sells a 12.3MW portfolio and Bluefield Solar Income Fund boosts its portfolio with a 70MWp acquisition.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021