Power generation and distribution company AES has signed an agreement with the Chilean government to close 1.1GW of its coal power generation in the country as soon as 2025.
Renewables developer Mainstream Renewable Power has achieved financial close for a solar and wind platform in Chile consisting of ten projects with a total capacity of 1.35GW.
Engie has been awarded rights to develop two hybrid projects in Chile that will combine solar, wind and battery storage and have a combined capacity of 1.5GW.
Spain’s Solarpack was affected by pandemic-related project delays in Chile during a first quarter, in which it saw its net profit shrink 95% year-on-year to €300,000.
French utility Engie has doubled its renewables deployment targets in Chile as part of plans to end its coal-fired generation activities in the country by 2025.
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.
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.
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.