InvestChile Blog

FDI news | Policies & Tools | Business data analysis | Investment location trends

Enel Green Power begins construction of five solar parks in Chile

InvestChile - June,21,2022

Enel Green Power, alongside the company IM2 Energía Solar, is constructing eleven solar parks. Once they are all operational, they will be able to power more than 72,000 homes a year, to the benefit of around 312,000 people and saving more than 1,760 tons of CO2 emissions. 

ENERGIA SOLAR PV-1

Enel Green Power Chile has begun the process of constructing five solar parks based in a variety of locations between the Metropolitan and Maule regions. The facilities at Alcones and La Colonia both have outputs of 10.5 MWp while Coinco and El Sharon have 3 MWp and Don Rodrigo has 5.4 MWp. These initiatives form part of the initial portfolio of eleven projects within the framework of the small and medium distributed generation assets (Pequeños Medios de Generación Distribuida, PMGD) regime. 

The plan, which is under development in partnership with the company IM2 Energía Solar Chile, who specialize in PGMD, already comprises four operational solar parks, while the initiative’s final two projects, Cabimas and Pataguas, both with an output of 10 MWp, are, according to the firm, awaiting permits to begin the installation of working facilities and move ahead with the project.  

With the objective of optimizing energy production Enel Green Power Chile explained that the five solar parks under construction include “bifacial panels and trackers, cutting-edge technology in this area, as they make it possible to achieve greater efficiency in solar radiation capture.” 

Benefits of foreign investment in Chile 

The company has announced that once the farms are operational, they will be capable of powering more than 72,000 homes a year, to the benefit of around 312,000 people, saving more than 1,760 tons of CO2 emissions throughout their lifecycle. The San Camilo, Dadinco, Piduco and Caracoles solar parks are already powering 27,000 homes a year in the Maule and Ñuble regions. 

“We are continuing to move forward in the development of more small and medium distributed generation assets within Chile, because we understand the importance of these kinds of renewable projects in terms of enhancing system flexibility and the transition towards an energy matrix based on clean energy sources. We are fully committed to continuing to promote the PMGD model in Chile and, above all, we have our sights firmly set on how these initiatives can contribute towards bringing about the process of decarbonization and national energy transition,” said Andrés Asar, Head of Business Developers at Enel Green Power Chile. 

Pablo Maestri, General Manager of IM2 Energía Solar, added, “these parks are just the beginning of a long relationship between the two companies.” 

To find out more about the advantages that Chile offers in the development of solar or wind farms, please read the following article. 

Source: Diario Financiero 

Learn more about this topic here

Topics: Renewables

InvestChile

InvestChile

We are the government agency responsible for promoting Chile in the global market as a destination for FDI.

Previous Post

Chile is one of the world’s most sustainable wine-producing countries

Next Post

Index places Chile among regional leaders in digital maturity

NEWSLETTER

Subscribe to our newsletter

Receive in your e-mail publications and news about how to guide your investment project in Chile

Subscribe to Our Newsletter

You can also subscribe here to our monthly Investment Review Newsletter

100% Privacy. No Spam.

Related Posts

Visas and foreign citizens

We invite you to obtain a complete guide of residence laws and regulations for investors and foreign workers in Chile.
Learn More