A $2 billion solar plan for Chile

By Renewable Energy World Editors

Ingenostrum is branching out beyond its traditional stronghold of Spain and Italy and into the emerging market of Chile as its looks to expand its portfolio in solar, wind and biomass.

According to the Latin America Herald Tribune, the company based in Seville, Spain, aims to build six solar plants worth nearly $2 billion in the Antofagasta region of northern Chile. The plants would total 688 MW, and the largest would be a 160-MW project in the Sierra Gorda section of the city. The company’s environmental impact statements are due to be reviewed by June 28, the Environmental Review Service said.

Ingenostrum has also indicated interest in building wind farms in the Coquimbo region and biomass plants in the southern part of the country.

Chile continues to garner international attention as major players look to the region because of its growing energy needs and its enormous renewable potential. The Antofagasta region is also being explored by Italian utility giant Enel for its geothermal potential.

Read more Latin America solar news

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