Acciona to build 183-MW wind farm in Chile after auction win

Source: Acciona S.A.

August 18 (SeeNews) - Acciona SA (BME:ANA) will build a 183-MW wind farm in Chile to meet the output won in the country's energy auction that was completed on Wednesday.     

The Spanish infrastructure and renewable energy group said it has been awarded the supply of 506 GWh of electricity per year in the tender, which offered 20-year power purchase contracts for a total of 12,430 GWh annually, starting in 2021 and 2022.    

This is the biggest electricity tender called so far in Chile. The total 12,430 GWh offered is equivalent to around 30% of the consumption of regulated market customers from 2021, Acciona said. The competition was open both to renewable and conventional technologies. "The result of the tender once again highlights the fact that our renewables-based solutions are very competitive, even against conventional technologies," commented Jose Ignacio Escobar, general manager of Acciona Energia Chile. The average price achieved in the auction was only USD 47.6 (EUR 42.1) per MWh.

Acciona's win was under block 3 of the tender, which will require round-the-clock generation from January 1, 2022 to December 31, 2041. The company's 183-MW wind farm, dubbed San Gabriel, will be located near the town of Renaico in the region of La Araucania.  

The Spanish group was awarded supply contracts for 600 GWh per year in Chile's first auction for renewable and conventional power in December 2014.

A big winner in the latest tender, meanwhile, was Ireland-based company Mainstream Renewable Power, which secured contracts for 986 MW of wind projects.

(USD 1.0 = EUR 0.885)

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Plamena has been a UK-focused reporter for many years. As part of the Renewables Now team she is taking a keen interest in policy moves.

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