Sociedad Austral de Electricidad Sociedad Anonima (SAESA) has signed an eight-year power purchase agreement (PPA) to procure up to 600 GWh per year from the 210 MW Cerro Dominador solar complex in Antofagasta, Chile. The project will start delivering its output by August 1, 2020, and will run until December 31, 2028.
Located at the Atacama Desert, the project consists of a 100 MW PV park, a 250m central high tower, and 10,600 heliostats to produce 110 MW of CSP covering a surface area of more than 700 hectares.
The project also features a thermal storage system that can store energy for 17.5 hours. It is expected to generate up to 600 GWh per year.
The Cerro Dominador solar complex has been in commercial operation since February 2018. In December 2019, Copec signed a previous five-year power purchase agreement (PPA) with the Cerro Dominador project.
AES Gener has filed an Environmental Assessment System (EIS) for its Parque Terra Energía Renovable project in Chile. The 863 MW proposal is a combination of photovoltaic, wind, and battery energy.
Read moreChilean power generator Colbun has applied for environmental approval to build the 719 MW/788 MWp Inti Pacha solar photovoltaic project in the Antofagasta region in Chile.
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Colbún in Chile has submitted the Environmental Impact Study (EIS) for its Horizonte onshore wind project, located approximately 130 km from Talal in Antofagasta region. The project involves the development of a 980 MW wind park.
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KfW IPEX-Bank is participating in the financing of one of the biggest renewable energy projects in Latin America. The first phase of the mammoth project Andes Renovables will run under the name Cóndor and supply around 571 MW of green energy from three wind farms and one solar PV project. KfW IPEX-Bank is providing debt capital financing in the amount of approximately US$106 million; the overall investment volume of Andes Renovables adds up to some US$1.7 billion.
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Wind and solar developer Mainstream Renewable Power has reached financial close for the first phase of its wholly-owned and fully-contracted megaproject - a 1.3 GW Andes Renovables wind and solar power generation platform in Chile.
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