Chilean power plants generated 1,807 GWh of electricity from renewable energy (excluding large hydro) in October, the Chilean national energy commission (CNE) said in the latest monthly report. This much output represents an increase of 22.6% month-on-month and 21.9% on the year. In October, the proportion of renewables in the total gross production was at 28.1%, and Chile’s net installed renewable energy capacity rose to 6,223 MW.
Sonnedix Power Holdings Ltd has acquired a 160-MWp solar photovoltaic (PV) project located in Chile from local renewable energy developer and builder Andes Solar. The project is currently in development, with the start of construction expected in the fourth quarter of 2023. Once operational, the project will be able to produce some 337 GWh of power annually, enough to avoid carbon emissions by around 140,000 metric tonnes.
A spike in copper prices saw Chile's peso outperforming Latin American currencies. The Chilean peso jumped 1.2% to the dollar and was set for its best day in more than one month. Prices of copper reached a seven-year peak on expectations of strong demand from major buyer China.
Chilean salmon farmer Nova Austral expects to harvest 13,000 metric tons of salmon in 2021, down 19% year-on-year due to a combination of early harvests prompted by an infectious salmon anemia (ISA) outbreak at Salmones Porvenir, its joint venture with Salmones Austral and delayed stockings. Before the outbreak, the company had expected to harvest 20,000t.
Mirasol Resources Ltd reported encouraging results from surface exploration at the Sandra prospect at its Inca gold project in Chile. The company also said a 1,500 metre drill programme was planned to start in the first quarter of 2021. The programme will target three of the most prospective zones along the principal Sandra trend and initially test to a depth of between 80 and 200m below the outcropping surface exposures.