Ibereolica seeks approval for 500MW project in Chile

Share on facebook
Share on twitter
Share on linkedin
Share on reddit
Share on email
Source: Flickr, Danielle Perreira

Spanish renewables company Ibereolica Renovables has submitted an environmental impact declaration for its 500MW Antofogasta Project in Chile.

The company wants permission to construct and operate two identical 250MWac plants, a 33/220kV substation and 220kV aerial transmission line in the Antofagasta region to the country's north.

The firm estimates that the project will require US$532 million in investment.

The Chilean government's environmental evaluation service is yet to respond to request, which was submitted online on 22 January by the Madrid-headquartered firm.

The project will be built in the same region as Ibereolica's 500MWac Maria Elena solar project, which has received its environmental permit according to the company website, and the 225MW Loa project (listed as “in development”).

If approved, the 500MW venture will add to a growing fleet of utility-scale PV plants taking advantage of Chile's favourable irradiation levels.

Installed renewable capacity in Chile grew from 5.08GW in 2018 to 5.9GW in 2019, 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.

Ibereolica Renovables has 100MW of solar in operation and a further 50MW in development in Spain. It is also developing an 835MW project planned for the Bahia region of Brazil.

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 28-29 April 2020.

Read Next

PV Tech Premium
September 24, 2021
Concerns have been raised that new measures introduced by Spain’s government to limit windfall profits of renewable energy plants could dent investor confidence and impact the stability of the country’s solar sector.
PV Tech Premium
September 15, 2021
Record-breaking power prices across Europe have turned the spotlight on the role fossil fuel plants play in generating electricity and how the transition to renewables-plus-storage could lower consumer bills.
September 8, 2021
Sonnedix, Opdenergy and Canadian Solar were among the five successful bidders in Chile’s latest power auction, which took place yesterday (7 September) and will see the country support 2GW of renewables and storage installations.
September 7, 2021
Supply disruptions in the coal and gas sectors have contributed to record electricity costs across Europe, leading to calls for more support for renewables generation to mitigate future price rises.
PV Tech Premium
September 1, 2021
Spain’s renewables auction next month is set to receive high levels of interest from solar bidders, according to industry observers, as the country’s government seeks to support the swift deployment of new capacity following a summer beset by record-breaking electricity prices.
August 24, 2021
Energy advisory DNV has acquired the consulting arm of Chile-based energy price forecaster Antuko, taking aim at the Latin America and Iberia power markets.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 6, 2021
Solar Media Events
October 19, 2021
Solar Media Events
December 1, 2021