Date: August 8
Chile, with its vast geography and climate diversity, has positioned itself as one of the leaders in the development of renewable energy in Latin America. In this context, EDP Renewables (EDPR), world leader in wind and solar energy, has taken a leading role in the advancement of renewable projects in the country.
EDPR’s recent announcement of its award in a tender called by the Chilean Ministry of National Assets is a clear sign of its commitment and long-term vision. This tender will allow EDPR to develop and operate a renewable project in the Taltal Wind Reserve, located in the Antofagasta region. This region, rich in solar and wind resources, contributes 31% of the installed renewable energy capacity in Chile, according to data from the National Energy Commission as of June 2023.
The project awarded to EDPR will cover around 2,850 hectares and will have a duration of 40 years. The highlight is that the construction of one of the largest hybrid parks in Latin America is planned, combining wind energy with photovoltaic energy. In addition, the inclusion of energy storage with batteries is contemplated, which will make it one of the first projects in Chile to integrate three technologies (solar, wind and batteries) in a single connection to the grid.
This innovative proposal will make it possible to reserve the energy generated during times of low demand and release it during peak hours, thus optimizing the supply and contributing to the stability of the electrical network. Once in operation, the project is expected to reach an installed capacity of more than 323 MW.
EDPR’s vision and mission go beyond clean energy generation. The company seeks to contribute to the sustainable development of the communities in which it operates. Enrique Álvarez-Uría, Country Manager of EDPR in Chile, highlighted the wind and solar wealth of the Commune of Taltal and the opportunity it represents to develop competitive clean energy generation projects.
Currently, EDPR has more than 500 MW in different phases of development in renewable projects in Chile. Its presence in the Chilean market since 2021 and its installed capacity of more than 15.2 GW globally reflect its leadership and commitment to the energy transition.
In conclusion, the future of renewable energy in Chile is bright, and companies like EDPR are playing a crucial role in this paradigm shift. The combination of technologies, innovation and commitment to sustainability are the key to a greener and more sustainable future.