The opportunity
The opportunity
The Chilean renewables market has been the focus of much
interest in recent years as the industry reacts to the potential
for growth. In August 2014, the government awarded 76 concessions
to more than 30 companies for development of 3.1GW of wind and
solar energy projects. Latest figures released by the Centre for
Renewable Energy in Chile in September 2015 have exceeded all
expectations, with an encouraging pipeline of 50 renewable energy
projects, corresponding to 2,394MW, declared under construction and
planned to become operational between September 2015 and August
2017. As of August 2015, there were 69 renewable energy projects
undergoing environmental evaluation by the environment authority
with a total capacity of 6,015MW.
