Renewable

February 24 (Renewables Now) - Power utility Colbun SA submitted last week the environmental impact statement (EIS) for the proposed 719-MW/788-MWp Inti Pacha solar photovoltaic (PV) project it seeks to implement in the Chilean region of Antofagasta.

The company’s filing with the Chilean environmental evaluation service (SEA) states that Colbun plans to invest USD 788 million (EUR 728.3m) to install a solar park composed of three sectors.

The Inti Pacha zones 1, 2 and 3 are to occupy around 1,289 hectares (3,185 acres) in the commune of Maria Elena in Tocopilla province.

According to Colbun’s 2019 earnings report, the Chilean power producer and distributor has 3,811 MW of installed capacity at home, split between 2,188 MW of thermal power units, 1,614 MW or hydro and only one solar PV park – the 9-MW Ovejeria.

The company is one of four Chilean utility majors that have agreed to gradually shut down all coal-based capacity by 2040 at the latest. Colbun, just as its peers Enel, Engie and AES Gener, plans to replace coal with clean sources and has adopted a target to build around 4,000 MW of renewables by 2030.

Over the past year, Colbun filed for environmental approval to build several large-scale non-hydro projects across Chile, among them the 607-MW Horizonte wind farm and the 610-MWp Jardin Solar PV park.

(USD 1.0 = EUR 0.924)

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