Grupo Ibereolica will invest $684m to build 794-MW wind farm project in Chile

Grupo Ibereolica Renovables has initiated the environmental permitting process by filing a full study of the impact of its proposed 793.6-MW wind farm project in Chile. The developer is prepared to invest around $684 million to build 128 wind turbines of 6.2 MW each in the Chilean region of Antofagasta. Construction is projected to start in mid-2022.

Chilean salmon prices continue to increase

Spot prices for salmon farmed in Chile have continued on their steep upward trajectory in week 51 of 2020. US-bound trim D, freight-on-board Chilean salmon fillets to the US saw prices lift by $0.34 to $4.36 per pound. Prices for Chilean head-on, freight-on-board, 10-12s shipped to the Brazilian market lifted once again, by $0.40 to $5.07 per kilogram in week 51. Prices for week 52 are projected to rise again to $5.00-$5.20/kg for fresh head-on deliveries.

Salmones Aysen ditches air-freight salmon as part of US frozen strategy

Salmones Aysen, a dedicated coho salmon farmer in Chile, decided to scrap the sale of air-freighted salmon to the US. The decision to end air-freighted sales is a way to wean US customers off fresh supplies as part of Salmones Aysen's campaign called "Leading the frozen revolution". The company is betting that US consumers will eventually turn to frozen salmon because of its lower environmental impact. Chile's coho salmon could compete with wild-caught Alaskan salmon among consumers.