Aug 14, 2013 - Italy's Enel Green Power (BIT:EGPW) today said it had launched the construction works of its biggest wind farm in Chile, the 99-MW Taltal, seen to require a total investment of USD 190 million (EUR 143.5m).
The plant, located in the region of Antofagasta, in northern Chile, will comprise 33 turbines.
Taltal will be able to generate up to 300 GWh per year, avoiding the emission of over 200,000 tonnes of CO2 per year. The energy production of the wind farm will meet the consumption needs of some 170,000 Chilean households.
The project is supported by a 20-year power purchase agreement (PPA). The generated energy will be delivered to the Chilean central region transmission network (SIC), through the Paposo substation, some 50 km away from the plant.
Enel Green Power won the public land concession for the development of the wind farm in 2012 as a result of the first Chilean public tender that was jointly organised by the Ministry of National Assets and the Ministry of Energy.
Taltal is the third wind farm we are building in Chile and certainly not the last, said Fulvio Conti, CEO of Italian utility Enel (BIT:ENEL), parent of Enel Green Power.
In Chile, Enel Green Power operates two hydro plants for a total installed capacity of 92 MW, and one 90 MW wind farm, Talinay. Besides Taltal, the company is also building its 90 MW Valle de los Vientos wind project in the Antofagasta region, Enel Green Power reminded.
(USD 1 = EUR 0.755)
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