Climate Changed
Korean Company Plans $4.5 Billion Solar Project in Chile
- Hybrid 1,000-megawatt solar plant will produce power at night
- Chile set goal to get 20% of power from renewables by 2025
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The South Korean energy company Andes Green Energy is planning a $4.5 billion solar project in northern Chile that will combine conventional photovoltaic panels and thermal technology that will generate electricity at night.
The Bundang-Gu Calama project in the Antofagasta region is in the final phase of environmental approval and the company plans to start construction in January, according to Cristian Lincoqueo, head of sustainability at Andes Green Energy’s Chile unit. The project is expected to be fully operational in 2022.