EIG Global Energy Partners inaugurated Latin America's first thermal solar plant, a project in Chile's Atacama desert that the country hopes will smooth its path to a low-carbon future. The Cerro Dominador, a $1.4 billion project, will use technology allowing storage of the sun's heat to generate electricity for hours, including at night.
Chilean Metals Inc. (CMX) announced that it has agreed to acquire 100% of the Golden Ivan property from Granby Gold Inc. via a payment of 6,500,000 shares of CMX. The Golden Ivan property consists of 13 mineral claims, all in good standing, for a total area of approximately 797 hectares.
Workers at BHP Group's Spence copper mine in Chile will extend negotiations with the company for a few more days to try to reach agreement on a new contract and avoid a strike at the operation. The union representing 1,100 workers at the mine in Chile's northern Atacama Desert said it hoped to reach an agreement by the end of Thursday.
President Piñera approved a law to give families the economic aid to alleviate the impact of the pandemic until September. This will reach 100% of those registered in the Social Registry of Households (RSH) and will benefit 15.1 million people. A one-person household will be paid $177,000, a 3-person household will receive $400,000 and a 4-person household will get $500,000. This is from June to August. In September, beneficiaries will receive 50% of the amount.
With more than 41% of its waters already covered by marine protected areas (MPAs), Chile has proposed creating a high seas MPA on the Salas and Gomez and Nazca ridges. The idea was introduced by President Sebastián Piñera at the virtual climate summit held by US President Joe Biden in April. Piñera said “it’s not enough” to protect only national waters, especially considering the global call to protect 30 percent of the ocean by 2030.
Statkraft announced that its substation and transmission line project to connect three wind farms in Chile received approval from the O’Higgins region’s environmental agency. Statkraft Chile said it would start construction of three wind power projects totalling 102 MW in the second half of 2021. The company acquired the wind portfolio from Spain’s Torsa Renovables SL. The portfolio consists of the 30-MW Cardonal, the 24.15-MW Manantiales and the 48.3-MW Cerrillos schemes, and is referred to as the Torsa project.
Chile’s renewable energy systems injected 1,498 GWh of power into the mix in April, up by 27.3% year-on-year, according to Chilean energy commission CNE. Chile's renewables share decreased to 23%. The total power production in Chile rose by 5.4% year-on-year to 6,516 GWh. In month-on-month terms, the total generation dropped by 6.6%. In April, the total installed capacity of non-conventional renewables crossed the 7-GW milestone to reach 7,173 MW. Renewables now make up 27.8% of Chile’s total installed capacity.
Engie Energia Chile SA has extended its power supply agreement with local copper and gold mining company Minera HMC SA to from 2025 to 2028. The renewed agreement includes contracts for the supply of 100% certified renewable power to the miner's Michilla copper mine and the Tambo de Oro gold mine until December 2028.
A union of remote workers for BHP's Escondida and Spence copper mines in Chile walked off the job after efforts to ink a labor contract deal with the company's management fell through. The president of the union, Jessica Orellana, called the timetable for the strike "indefinite."
Chile's national electricity coordinator CEN has started a programme called Renova to track each megawatt hour of renewable power from when it's generated until it's consumed. By etching this data into the blockchain, it will ensure end users get the clean power they paid for. The blockchain-based platform will track renewable energy, giving miners in the top copper nation more scope to show their green credentials to buyers.