- Press Releases
October 25 (Renewables Now) - Norwegian renewables company Statkraft A/S announced on Friday that it has been awarded the use of public land in Chile to develop, build and operate a wind-plus-storage project with a capacity of more than 400 MW.
The renewables company has won more than 2,610 hectares (6,449.5 acres) in an auction organised by the Chilean ministry of national assets. Statkraft estimates it will invest around USD 500 million (EUR 429.9m) in the project.
The wind farm and the energy storage facility are supposed to enter into operation by 2030, but the developer noted it expends to complete the project several years earlier. The concession was awarded for a period of 40 years.
The ministry offered sites in Chile’s northern region of Antofagasta. According to the press release from Statkraft Chile, the firm will build the wind complex about 81 km (50.3miles) from the city of Taltal.
(USD 1.0 = EUR 0.860)