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

The importance of these sources will continue to grow in Chile due, among other factors, to the closure of thermoelectric plants.  

Taking advantage of northern and central Chile’s great solar radiation potential, pilot projects using agrophotovoltaic technology have been implemented with positive results: greater efficiency in the use of the land and less water required for the crops.

Building on the country’s track record and solid energy policies, the government has now announced a new line of work with ten undertakings for the next four years, including shorter times for obtaining an environmental permit, technical training and the modernization of institutions.

In recent years, Chile’s energy matrix has evolved notably, increasing its diversification and reducing its dependence on fossil fuels to make way for the so-called green energies, particularly photovoltaic and wind energy.

Although Chile is the international poster child of investment in photovoltaic solar energy, solar panels are still not widely used in buildings, houses and public places. The government and the private sector are bent on changing this.

The company is engaged in the construction of its first wind project in northern Chile, Punta Sierra (82 MW), as well as a 500-MW line of run-of-the-river hydro projects in central Chile’s Cachapoal Valley.