Statkraft will build three onshore wind power plants with a combined capacity of 102 MW in Chile. The Torsa wind power project is expected to produce more than 300 gigawatt hours (GWh) of renewable energy annually once fully operational by December 2022, enough power to supply 100,000 average Chilean households. Construction of the 19 wind turbines by manufacturer Nordex will start in the second half of 2021, according to Statkraft.
ISA InterChile, a company linked to the Colombian ISA, filed a request for arbitration against the State of Chile before the International Centre for Settlement of Investment Disputes (ICSID), regarding the construction of the Cardones-Polpaico transmission line. The firm hopes that the ICSID will resolve its dispute between the two parties.
Chile has awarded China Railway Construction Corporation (CRCC) a build-concession contract to upgrade and operate a 195km toll highway - the Talca-Chillán section of Route 5. CRCC offered a total concession income of around $1.1 billion in what Chile’s General Directorate of Public Works Concessions said is the first such contract awarded to a Chinese group.
Codelco said it had requested international arbitration with Ecuador and its National Mining Company (Enami EP) over the Llurimagua project. Llurimagua could become the first mine Codelco operates abroad following years of scattershot efforts to expand internationally. The project, about 50 miles (80 km) northeast of Ecuador’s capital of Quito, has faced resistance from a nearby community over environmental concerns.
The Chilean government has announced new restrictions and lockdowns that took effect April 5. LATAM Airlines Group reported the suspension of its scheduled international flights to and from Chile during April. However, in order to maintain the country’s connectivity, LATAM Chile will maintain a reduced operation during the period of this restriction to allow the repatriation of residents or citizens or foreigners who wish to leave Chile.
Apple has agreed to pay Chilean consumers $3.4 million in a lawsuit over programmed obsolescence of iPhones, their lawyer said, the first such settlement in Latin America. Apple is accused of having programmed a limited lifespan into some products to force users to replace their phones sooner than necessary, and has previously settled similar cases in the United States and Europe.
Codelco, the world’s largest copper producer said that a resurgence of Covid-19 cases in Chile will not disrupt the supply of the metal. Codelco managed to increase production in the first quarter despite the increase in infections in Chile. “We are this year with an increase in production to date,” said Juan Benavides, Codelco president. In recent years, Codelco has participated in the strongest investment program in the copper industry after decades of underinvestment in its old deposits.
Founded in 2018, The Live Green Co has been developing its own AI recommendation engine that uses data about plants to prescribe 100% natural plant alternatives to the animal, synthetic, and highly processed additives in food products.
Engie Energia Chile SA has signed a four-year agreement to supply 100% renewable power to mining company Cemin Holding Minero. The Chilean utility group will supply 1.48 GWh of certified green electricity per year to meet the demand of the underground gold mine and processing plant Minera Pullalli, located in La Ligua, the Valparaiso region. Thanks to the agreement, the Pullalli operations stand to avoid the annual emission of approximately 1,090 tonnes of carbon dioxide (CO2).
Spanish group Acciona SA has signed a long-term contract to supply 100% renewable energy power to Movistar Chile. Acciona will deliver 108 GWh of clean energy to power 40% of the buyer's total network in the South American country. Movistar Chile will be able to avoid more than 42,400 tonnes of carbon dioxide (CO2) emissions per year. Supply will come from Acciona's 684-MW portfolio of operating wind and solar assets in Chile.