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.
Chile and Colombia targeted for major buildout of PV and wind, Atlas issues US$253m green bond for Chilean projects, Voltalia’s largest PV project to supply resin group.
Green regulator SEA to consider projects of 317MW and 181MW in high-irradiation desert, joining Enel's growing series of large bifacial ventures in Latin America.
If approved, US$788 million Inti Pacha project will join a cluster of other PV projects taking advantage of Atacama's hyperarid climate.
Spanish renewables firm estimates that construction of 250MW plants will require investment of US$532 million.
Mexican solar said to have boomed to cumulative 5GW in 2019 despite rows with the government, while street protest-ridden Chile thought to have hit renewable target five years in advance.
The freshly-commissioned 167.5GWh Almeyda plant is contracted to supply power to Chile's state-owned copper mining company through a long-term PPA.
Investment bank joins EIB as they co-sponsor 436MW portfolio in European country and also backs CVE’s 110MW distributed generation pipeline in South American state.
Chile and Colombia steer coordinated push by 10 countries to reach an average 70% green energy share by 2030, setting the scene for the rise of a 312GW renewable fleet over the next decade.
Injection of US$71m by group of financiers brings boost to project under construction in Atacama Desert, the largest ever to be undertaken by Madrid-headquartered developer.
EPC multinational marks operational launch of solar assets in Chile and India as January-September 2019 revenues nearly double year-on-year but net profit more than halves.
CaixaBank, DNB, KfW IPEXBank, Natixis, SMBC and Societe Generale pump US$580m of debt into Andes Renovables platform, meant to deploy 1.3GW of wind and solar by 2022.
Spanish firm will source the energy for the plant from a mix of its Chilean renewables operations.
The developer will see its trade financing facility swell to €200 million (US$220 million) after striking an agreement with Dutch bank ABN AMRO.
Reden Investments Chile and Natixis have successfully closed senior facilities totaling US$96.4 million for an up-to-100MW portfolio of PV projects in Chile.