antofagasta

Plans by investor to develop US$450m grid-connected plant mark latest move of a series by international firms plotting solar megaprojects in high-irradiation region of Antofagasta.

Spanish renewables firm estimates that construction of 250MW plants will require investment of US$532 million.

Chilean mining company Antofagasta Minerals announced Tuesday that it has sold off its 40% stake in a PV power plant in northern Chile to Atlas Renewable Energy — a Latin American-based solar company launched in March by private equity fund Actis.

Enel Green Power Chile (EGPC), a subsidiary of Italian utility Enel, has connected a 160MW solar PV park to the grid in Chile.