chile

Greek renewables developer Metlen Energy & Metals has sold a Chilean solar-plus-storage portfolio to investor Glenfarne Asset Company.

Solar PV developer Atlas Renewable Energy has secured US$510 million in financing for a solar-plus-storage project in Antofagasta, Chile.

Spanish renewables developer Zelestra has signed a long-term power purchase agreement (PPA) with gas provider Abastible for a solar-plus-storage plant in Chile.

Solar PV growth is expected to slow down in Brazil and Chile due to ongoing issues of curtailment and transmission infrastructure.

Located in the solar hotbed region of Atacama in northern Chile, the Domeyko project will have an 83MW solar PV capacity and 660MWh battery energy storage system (BESS) capacity.

Chile has curtailed a record 5,909GWh of solar PV and wind power in 2024, up 121% from the previous year, according to trade body, the Chilean renewable energy and energy storage association (ACERA).

Service provider company RES has secured a contract to provide operations and maintenance (O&M) work at a 400MW solar PV plant in Chile.

The sale of the three phases represents 23% of the capacity of the Oasis de Atacama solar-plus-storage project.

With a combined capacity of 394MW, the Tocopilla (227MW) and Tamarico (167MW) are located in the northern regions of Antofagasta and Atacama

Solar PV in Chile is facing a twofold issue: the curtailment of generation and the reduction of income due to low prices of electricity.