Using renewables is helping the industry cut costs and reduce polluting emissions. It is a concern that is growing among some of the largest consumers of raw materials, some of whom are keen to burnish their environmental credentials.

Its construction is the most advanced among the South American country’s three new mega observatories and it is expected to start operating in 2020.

The renowned speaker on energy issues, Gianni Kovacevic, says Chile has a privileged position regarding future energy sources, due both to its wind and solar potential as well as its copper reserves.  

The country is promoting the creation of projects in four areas: mining transport, storage of hydrogen, green ammonia-based fertilizers and, even, the export of green hydrogen. Chile’s great advantage is its growth of clean energies, the base of the sustainable version of this gas. 

The expansion, announced by Google and Chilean officials, represents the company's second stage of growth for the data center in Quilicura, near Santiago, which became fully operational in 2015.

Two Chileans and a Swede are the minds behind the successful mobile application which was launched in 2015 and operates in Chile and Mexico.

The South American country is the world’s principal copper producer and accounts for 54% of global lithium reserves.

At a well-attended workshop and in some ten meetings with company representatives, InvestChile presented the opportunities and incentives the country offers for the export of technological services with high value added.

According to the government, observation of the universe from telescopes in Chile will, by 2022, generate as much data or more than Facebook and Twitter or Internet giants Google and YouTube, pushing out the boundaries of big data.

The plant, which is unique in Latin America, will be able to supply a city like Antofagasta, with over 400,000 inhabitants, permanently for 24 hours a day. This type of technology paves the way to transforming the sun into the country’s principal source of electricity. 

Equifax has decided to expand the center, the only one of this type it has in Latin America and one of its three around the world, investing US$20 million and doubling the Center’s team to 300 employees.   

The agency is currently working with 21 Brazilian companies with potential investment projects in Chile worth over US$400 million.  

The Internet of Things, analytics, artificial intelligence and augmented reality are just some of the technological advances that are shaping what experts already visualize as an industrial revolution.

This form of entry of foreign currency rose by 94% from US$347 million in 2007 to US$673 million last year. The data also shows that the average stay of business visitors to Chile has increased from six to ten days.

The platform, which has raised some US$1,000 million, has facilitated the success of companies like JUMP, which was recently acquired by Uber. 

In Brazil, there are 64 initiatives in which large companies support and provide resources to start-ups while, in Chile, there are 28, leaving Mexico in third place, according to a study by Prodem, supported by Wayra. 

Given the right conditions, between 25% and 40% of cars could be electric by 2040.

Economy Minister José Ramón Valente highlighted the entry of US$8,335 million in equity and reinvestment as representing new resources for the economy.

The V International Foreign Investment Forum, which will take place in January 2019, was announced in a ceremony chaired by the Minister of Economy, Economic Development and Tourism, José Ramón Valente.

The project, with a length that could be between 22,000 and 24,000 kilometers, would link Shanghai, Tokyo and Sydney and could transform Chile into the Southern Cone’s main digital hub.