The executive of the Spanish company talks about the consequences of the pandemic in Chile and the world, assuring that, in Chile, the company “is a long-term investor”.   

A recent report released by Canadian mining company Capstone Mining about its Santo Domingo project in the Atacama Region sets out solid arguments for extracting cobalt from the deposit.

The Solar Antofagasta project envisages two identical 250-MW plants and represents an investment of US$532.5 million. If implemented, it would be the largest project of its type so far in Chile.

It has acquired 50% of the Santa Isabel photovoltaic project from SunPower for US$200 million.

The start-ups participated in the Spanish company’s open innovation program, which it implemented for the first time outside Europe.

Projects in Chile have shown that “we can compete against existing technologies without subsidies,” said Andy Kinsella, Mainstream’s Group Chief Executive.

The laboratory is located at El Romero Solar, a photovoltaic plant in northern Chile’s Atacama Region, and will start operation in October, characterizing and testing latest-generation solar panels.

With the tool, a single platform can be used to view “different types of information related to the implementation of a renewable marine energy project in Chile”.

The token has a value defined in kilowatt-hours of electricity produced by sustainable projects.

“Through the operation of these three wind farms, we will contribute clean energy to the system and, specifically, central Chile,” said the Norwegian company’s vice-president for South America, Laine Powell.

Areas that range from the development of electric vehicles and strategies to add value to lithium through to the growth of renewable energies are among those that will benefit in a market that is growing on a daily basis.

The aim is for 70% of the electricity consumed in the country to be from sources such as photovoltaic or wind energy by 2050; this is in addition to the announced decarbonization plan.

EY report awards first place to China followed by the United States and France. Within the region, Chile takes second place after Argentina.

The Transport Ministry is coordinating the arrival of the minibus with a capacity for 12 passengers. It will be used on a route in the capital, Santiago, before being taken to the regions.

The Spanish company, which has had operations in Chile for a decade now, revealed that it will invest US$800 million by 2025.

The company already has two projects in the hydroelectricity sector and expects to expand in clean energies.

Entrepreneurship in Chile: Wilefko, or “Brightness of Water” in Mapudungun, is a Chilean start-up that has invented a motor able to turn the impacts of thousands of waves into a continuous movement in order to generate electricity.

A study by the International Renewable Energy Agency (IRENA) forecasts that, if the correct measures are taken, CO₂ emissions could be reduced by almost 30% in a decade and by more than 70% by the middle of the century. The good news for Chile is that, a natural resource, photovoltaic solar technology is key.

They take three and a half hours to recharge, they have 250 kilometers of autonomy and their batteries have a useful life of 4,000 charges. These are the 100 electric buses that the Metbus company will deploy in the streets of Santiago in the coming days.

The contribution of NCRE sources has increased rapidly in recent years, thanks to the start-up of new projects. In 2013, these sources accounted for 6% of the matrix and are expected to reach up to 18% this year.