Clean energy in Chile will increase by 27% this year

With so many renewable energy projects that are scheduled to begin operation this year, clean energy in Chile will increase by 27%. In total, the new projects that will start operating in the coming months will inject 6,988 MW into the national energy matrix. This is equivalent to the total solar and wind energy in force in the country so far, whose installed capacity amounts to 6,818 MW, with almost 99.6% connected to the Central Interconnected System, according to the National Energy Commission.

Chile’s Central Bank says risks to financial stability have declined

The Central Bank of Chile said that during the first half of the year, the risks to the country's financial stability have declined due to an improved external outlook, the progression of vaccination against COVID-19 and the adaptive capacity of various actors. The Financial Stability Report (IEF) states that unlike past crises in Chile, financing costs have remained low, debt has been contained and credit has continued to flow, although at a slower pace.

Sonnedix reaches COD on 6 MW of PV plants in Chile

Sonnedix Power Holdings said that two PV parks in Chile, with a combined capacity of 6 MW, have reached their commercial operation date (COD). The Malinke and Crucero ground-mounted plants, each of 3 MW and using bi-facial solar panels, are located in the Metropolitan Region and the O’Higgins Region. The two plants' output, estimated at about 12.8 GWh per year, is equivalent to the power demand of more than 6,000 Chilean homes. They are expected to avoid annual emissions of some 5,296 tonnes of carbon dioxide (CO2).