Land leases signed for 8.16 GW of renewables in Chile
Source: http://www.acciona.com. All Rights Reserved.
Chile’s Ministry of National Property has approved, up to the end of November, land lease agreements for 190 renewable energy schemes, totaling 8,157 MW of capacity.
The USD 16.31 billion (EUR 15bn) of green power plants will be located on 47,188 hectares of governmental land in the regions of Arica and Parinacota, Tarapaca, Antofagasta, Atacama and Maule, the press release from Thursday says.
The list includes 171 photovoltaic (PV) projects with a combined capacity of 6,669 MW. These solar farms, which will spread across 32,004 hectares of land, are estimated to require a total investment of USD 13.34 billion.
At present, Chile’s cumulative installed power generation capacity amounts to 20,000 MW. Once completed, the planned renewable power plants will boost it by 40.78%, the ministry calculates.