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EDP Renewables to develop hybrid project in Chile

InvestChile - July,21,2023

With an installed capacity of more than 323 MW, the company plans to build one of the first hybrid projects in the country that will include three technologies: solar, wind and storage. 


EDP Renewables (EDPR), a world leader in wind and solar energy, was awarded a tender launched by the Ministry of National Assets for the construction and operation of a renewable project located in the Taltal Wind Reserve, in the commune of the same name, in the Antofagasta region. 

This investment initiative will allow EDPR to obtain the rights to use approximately 2,850 hectares for the development and operation of clean energy projects for a period of 40 years. 

With this award, the company plans to build one of its largest renewable projects in Latin America: a hybrid farm that will combine wind and photovoltaic energy. 

Hybrid project: Production and storage 

The tender also allows for the inclusion of energy storage with batteries, making this project one of the first in Chile to incorporate three technologies (solar, wind and batteries) in a single connection to the grid. This approach would make it possible to set aside energy generated at times when prices are lower, so that it can be injected into the grid during peak hours. 

Once in operation, the project will have an installed capacity of more than 323 MW, by combining the energy generated from solar and wind technologies. 

In this regard, EDPR's Country Manager in Chile, Enrique Álvarez-Uria, stated that "the land awarded to EDPR for its exploitation has excellent wind and solar resources, which makes the Taltal commune an ideal environment to develop competitive clean energy generation projects. In addition, our arrival in the Antofagasta region is an opportunity to expand our presence in the country, contributing with environmental, social and economic benefits, as well as reducing the mining sector’s energy demand through decarbonization". 

Currently, the company in Chile has renewable projects with more than 500 MW in different stages of development, located in various regions throughout the country.  

To learn more about foreign companies in the sector, such as Pacific Hydro, and to learn about investment opportunities in renewable energy in Chile, read the following article. 

Source: Revista Electricidad 

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Topics: Energy- Renewables- News



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