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.
Czech solar company Solek Group announced this week that it plans to issue public bonds worth roughly US$19.9 million — which the company will use to finance part of a 70MW solar portfolio in Chile.
Growth market investor company Actis has acquired over 1.5GW of solar PV assets from bankrupt SunEdison in Latin America as part of a US$525 million commitment to launch a new Pan-Latin American renewable energy platform — Atlas Renewable Energy.
Mainstream Renewable Power has received environmental approval to develop a 245MW solar plant in Chile, from the South American country’s Environmental Assessment Service.
Chile is set to add 1.5GW of new renewable energy capacity in 2017, according to Carlos Finat, the executive director of Chile’s renewable energy association, ACERA.
Mexico's SENER forecasts massive solar growth, with a 20-fold increase totalling 5.4GW by the end of 2019. In Spain, the long-anticipated renewable energy auction is given a confirmation for the first quarter of this year. Over in Chile, solar energy is being used to power the Santiago metro, through SunPower's El Pelícano project.
Chile plans to develop a solar park of between 750MW to 1GW capacity to power the mining industry in the Atacama region, according to a release from Chilean development agency Corfo.
