Chile to launch auction for 2.31 TWh of renewables and storage in May 2021

The Chilean National Energy Commission (CNE) has announced that an auction for the contracting of 2.31 TWh of renewable energy will be launched in May. According to the preliminary bidding terms, the selected projects must start delivering power to the Sistema Interconectado Central and Sistema Interconectado del Norte Grande electricity networks on January 1, 2026. These plants will supply electricity under 15-year power purchase agreements for 2026-2040. The auction will also include the option of deploying storage systems.

Source: PV Magazine