InvestChile Blog

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Grenergy to build an energy storage megaproject in Chile

InvestChile - July,12,2024

The Spanish firm reported closing on the financing for the first two phases of the Oasis de Atacama project, totaling US$345 million. According to the company, this is «the world’s largest (energy) storage project.» 

Topics: Renewable energy- energy storage

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Companies show interest in operating 36 lithium deposits in Chile

InvestChile - July,11,2024

Of the total number of requests for information, 53 were for 16 salt flats or saline lakes, while another 28 were for other types of deposits. Additionally, seven requests were for salt flats or areas excluded from this process.

Topics: Mining- Lithium

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E-fuel produced in Chile arrives at the race track together with Porsche

InvestChile - July,10,2024

Chile has consolidated its position as a leader in the production of synthetic fuels, marking a milestone in the automotive industry with the use of e-fuels in the Porsche Mobil 1 Supercup.

Topics: Energy- e-fuel

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Grupo Bimbo invests in Salmas line in Chille, creating 100 new jobs

InvestChile - July,9,2024

The plant currently has 200 employees, of which 70% are women. The expansion of its facilities, which will enable the production of corn-based biscuits and tortillas for the Sanissimio brand in Talagante, will add 100 new employees.

Topics: Food Industry- Mexican investment

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Open banking: Chilean regulation will take effect in 2026

InvestChile - July,5,2024

Under the new regulation, institutions that are currently regulated in the financial system must join the Open Finance System (SFA) to provide information that users decide to share with other participating institutions, after giving their consent.

Topics: Fintech

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InvestChile celebrates eight years: Agency helps create 12,125 jobs

InvestChile - July,5,2024

The Foreign Investment Promotion Agency was created in 2016. Since then, it has accelerated the implementation of 220 projects worth US$21 billion from 32 countries.

Topics: Foreign Investment- Chilean Economy

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European Union commits to Chile in renewable energy

InvestChile - July,4,2024

The European Commissioner for Energy, Kadri Simson, stated that reinforcing lithium extraction and securing the components for the production of batteries are priority objectives in Europe’s cooperation with Chile on renewable energy.

Topics: Energy- Renewable energy

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More than 50 companies from 10 countries interested in Chilean lithium

InvestChile - July,4,2024

Mining Minister Aurora Williams highlighted the collaborative work between the ministries of Economy, Treasury and Foreign Affairs, and institutions such as the Chilean Economic Development Agency (CORFO) and InvestChile, “to promote the process in a transparent manner” both in Chile and abroad.

Topics: Mining- Lithium

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Emergent Cold inaugurates largest cold storage facility in Chile

InvestChile - June,27,2024

The facility, which is located in the Biobío Region and involved an investment of US$45 million, has a capacity of 37,000 pallets for frozen food and three cold chambers, and will generate around 750 jobs in the area.

Topics: Industry

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UN: Chile among countries with highest FDI flows in 2023

InvestChile - June,21,2024

The UNCTAD report highlights the momentum of the extraction of minerals for the energy transition in the region, particularly in Chile, and also emphasizes Chile’s green hydrogen and solar and wind power projects.

Topics: Foreign Investment- Chilean Economy- UNCTAD

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Green Hydrogen: Investment Opportunities in Chile

InvestChile - June,12,2024

Chile is emerging as a leader in green hydrogen production, offering an ideal environment for foreign investment in renewable energy.

Topics: Energy- Green Hydrogen- Renewable energy

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Chile: 5,000 scholarships awarded by Google to acquire digital skills

InvestChile - May,31,2024

The scholarships will be awarded in partnership with Talento Digital and will provide access to a new Artificial Intelligence course and Google Career Certificates.

Topics: Global services- Technology- Talent

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Government of Chile launches new green hydrogen plan

InvestChile - May,20,2024

The plan includes 81 measures that will be implemented between now and 2030 in two stages, and will be supported by a strategic committee.

Topics: Energy- Green Hydrogen

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Cooke harvests first organic salmon in Chile

InvestChile - May,13,2024

The implementation of this groundbreaking project will initially account for 25% of the total production of Cooke Chile, a Canadian-owned company.

Topics: Food Industry- Salmon- Canadian investment

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University of Tokyo inaugurates world’s highest observatory in Chile

InvestChile - May,7,2024

Located in the Atacama Region, at 5,640 meters above sea level, it houses a 6.5-meter optical-infrared telescope that took 26 years to plan and construct.  

Topics: Global services- Astronomy

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Chile launches incentive for international audiovisual productions

InvestChile - May,6,2024

The IFI Audiovisual offers an attractive incentive for foreign productions, reimbursing up to 30% of qualified expenses incurred within the country, and 40% for those productions that are made entirely in regions outside the Metropolitan region.

Topics: Global services- Creative industries

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Eramet prepares US$1 billion lithium investments in Atacama Region

InvestChile - April,15,2024

The French company explains that its presence «provides geographical diversification to the Chilean lithium industry, whose current stakeholders only have links with the United States and China.»

Topics: Mining- Lithium

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Lithium: Chile wants to double production to avoid risk of battery substitution

InvestChile - April,10,2024

Treasury Minister Mario Marcel assured that it is necessary to increase production so that it remains profitable and attractive to manufacture lithium batteries.

Topics: Mining- Lithium

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Chile invites investors to express their interest in lithium

InvestChile - April,5,2024

The government announced the deadlines for submitting proposals to develop one or more projects. The results of this process will be announced in July.

Topics: Mining- Lithium

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Clinical trials: Investment in Chile grew by 62% in three years

InvestChile - April,5,2024

The Survey and Longitudinal Studies Center of the Pontifical Catholic University of Chile conducted a study on companies affiliated with the Chilean Pharmaceutical Innovation Chamber (CIF), revealing an investment of approximately US$136 million by 2022.

Topics: Healthcare

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