Author Archives

Sabrina Souviron Gumucio

JinkoSolar to supply 60.9 MW for the first industrial hybrid plant in Chile

JinkoSolar Holding Co., Ltd. announced that it will supply 60.9 MW of bifacial modules for the first industrial hybrid plant in Chile. The hybrid plant will be located about 10 kilometers outside the city of Calama in the Antofagasta Region and will consist of a 60.9 MW PV plant and a 90 MW wind farm. The hybrid PV plant, whose construction is expected to be finished in early 2021, will use about 154,710 JinkoSolar Bifacial panels to produce an estimated 184 GWh of electiricty annually.

Latam proposes to unions a 30% reduction in base wages

Latam airlines proposed to the Union of Pilots of Latam (SPL) and the Union of Pilots of Latam Chile (Siplach), a temporary agreement that modifies the current collective agreement. The company proposes a redesign of the variable remuneration. Workers would receive 70% of their current salary and would lose the possibility of changing scale during the duration of the agreement, which would directly affect the basis for calculating the compensation accrued during the validity of the agreement.

Codelco halts projects in Antofagasta

As part of the COVID-19 sanitary measures to affect Chile, Codelco will stop construction of all its projects in the Antofagasta region and will operate the Chuquicamata Division only with Calama workers. “This decision will be implemented immediately or as soon as the current shifts end, and will allow for a reduction in the number of trips from other regions and a reduction in the density of its own and collaborating staff,” according to a spokessperson for Codelco.

Unions at Chile’s Codelco demand more protection against coronavirus

Labour unions at Chile’s state-owned copper miner Codelco said that measures taken by the company against the spread of the pandemic were insufficient and threatened to take steps to force stricter health policies. The death of a second Codelco employee from the virus was confirmed, prompting the company to suspend construction projects in northern Chile and take other steps aimed at reducing the circulation of workers.

Women producers take charge in Chilean Cinema

Women are dominating the Chilean film industry more than ever, replicating what is happening across most of Latin America. Of the 10 key Chilean titles participating at the Marché du Film Online Producers Network Spotlight this year, 8 are produced by women. In 2017, a group of 5 Chilean women working in the industry formed a femme networking group, Nosotros Audiovisuales, which has now grown to a membership of 3,000. “Our goals are threefold: to raise our members’ visibility, promote their work and encourage networking,” says co-manager Elisa Torres.

Chilean Government seeks law allowing Central Bank to buy government bonds

Chile’s Government drafted a law to enable the Central Bank to buy bonds issued by the country’s treasury in the secondary market. The finance minister said that the Central Bank would be allowed to buy the state-issued debt in “exceptional circumstances” under newly drafted legislation. Chilean law currently prohibits the Central Bank from acquiring debt issued by any state organisation, or from financing public spending through direct or indirect credit.

Central Bank survey shows half of companies will not be able to reinstate workers

According to a survey carried out by the Central Bank, almost half of companies covered by the Employment Protection Law will not be able to reinstate their workers. The number of workers already covered by the Employment Protection Act reached 623,501, which is 12,000 more than it was a week ago. Of this total, 531,072 correspond to workers with a permanent contract (85.2%) and 92,429 with an indefinite contract (14.8%).

Chilean Citrus Committee projects 4% increase

The Chilean Citrus Committee is forecasting an export volume of 347,000 tons across all categories, which represents a 4% increase compared to 2019. According to a press release, this growth will be driven mainly by mandarins and clementines, with volume slightly lower than last year and lemon volume about the same. Chile has been meeting strong market demand in regard to clementines, with exports through Week 23 depicting a 38% increase compared to 2019.

Sonnedix announces financing for 20 solar photovoltaic plants in Chile

Sonnedix, a global solar independent power producer, announced the financing for an expected 100 MWp portfolio of approximately 20 solar photovoltaic plants in Chile (the Sonnedix PMGD Portfolio). The Sonnedix PMGD Portfolio consists of solar photovoltaic projects that operate under Chile’s Pequeños Medios de Generación Distribuida (PMGD), a special regime for distributed generation projects. The four initial solar PV plants in the Sonnedix PMGD Portfolio have total capacity of 25 MWp.

Revelo reports progress on the agreement to sell eight copper projects in Chile

Revelo Resources Corp. (Revelo) reports that West Pacific Ventures Corp. (WPV) has signed a Binding Letter of Intent with Fireswirl Technologies Inc. (Fireswirl), by which Fireswirl is proposing to acquire 100% of the outstanding shares of WPV in a Reverse Take Over. WPV currently holds the right to acquire a 100% interest in eight copper focused projects in northern Chile from Revelo. Revelo will then receive new shares of WPV that, in turn, will be exchanged for shares of Fireswirl which is required to have raised a minimum of $4 million.