Chile to support renewable energy studies for units of up to 50 MW

May 26, 2014 - Chile's Renewable Energy Centre (CER), led by the energy ministry, has invited firms to compete for co-financing for studies on renewable energy projects of up 50 MW or related grids.

Last week the government offered to finance up to 40% per study, for projects with a total investment of at least CLF 7,000 (USD 303,000/EUR 221,000), Chile's inflation-linked currency unit.

The co-financing cannot exceed CLF 1,000 per pre-investment study and CLF 2,000 per advanced or power transmission study. The state wants to support power plants as well as power lines that could connect several units to the grid.

This represents the third such tender of the Chilean government. The interested firms can apply by the end of June.

(CLF 1 = USD 43.27/EUR 31.64)

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