The Environmental Evaluation Service for the Atacama region has approved the Environmental Qualification Resolution (RCA) for Mainstream Renewable Power’s Valle Escondido PV Solar Project.
This project involves an investment of US$150 million dollars and will have an estimated capacity of 123 MWp, generating enough clean, renewable energy to supply electricity to approximately 125,000 homes a year.
Located in the commune of Tierra Amarilla, in the northern region of Atacama, the plant will consist of 382,000 PV solar panels spread out across 360 hectares of land.
The project will be connected to the National Electric System (SEN) via a small section of the transmission line that connects the step-up substation at a neighbouring project, Río Escondido, to the Cardones electric substation.
The company recently signed a contract with Chile’s main transmission company, Transelec S.A., which will be designing and building the transmission line that connects the project to the National Electric System.
Country updates
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July 09, 2019
Construction works begin at 64 MWp Usya solar project in Chile
ACCIONA has begun construction work on the 64 MWp Usya photovoltaic plant, the third owned by the company in Chile. The Usya plant, located in the municipality of Calama (Antofagasta region), will h...
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June 27, 2019
USD 1 bn transmission line inaugurated in Chile
The president of Chile, Sebastián Piñera, inaugurated the Cardones-Polpaico transmission line on June 20, 2019. The 753-km long transmission line will transport up to 1,500 additional MW...
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June 25, 2019
CMB LV Infrastructure fund III raises US$400 million
LarrainVial and CMB have raised US$400 million for its most recent infrastructure fund, CMB LV Infrastructure III. This is the third infrastructure fund of CMB and first in partnership with&...
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June 19, 2019
Statkraft begins construction works at 52 MW Los Lagos hydropower plant in Chile
Statkraft has decided to start construction of the Los Lagos hydropower plant in Chile. The construction is planned to commence in August and completion is scheduled for second half of 2022. The power...
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June 06, 2019
Sonnedix achieves financial closure for 171 MW Atacama Solar PV Plant In Chile
Sonnedix has achieved financial close of US$99 million in new non-recourse project financing which is being provided by CAF –Development Bank of Latin America, as Lead Arranger, Administrative A...
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