Chile’s environmental authorities have approved the 210-MW Atacama 2 solar complex proposed by Spanish engineering company Abengoa SA (BME:ABG) in the northern Antofagasta region.

The company will install a 110-MW concentrated solar power (CSP) facility with tower technology and a 100-MW photovoltaic (PV) plant.

The facility will have a thermal energy storage system, able to generate electricity 15 hours without direct solar radiation, the company said in a press release on Wednesday.

The project will require USD 1.2 billion (EUR 1.1bn), according to the plan Abengoa has presented to the regional environmental committee. The approval was published on Tuesday, a week after the committee voted on the project.

Abengoa expects to start construction within the next two months. It is already building a similar complex in the same region, Atacama 1, which comprises the first CSP plant in Latin America, with 17.5 hours of thermal storage, and another 100-MW PV plant.

Derick Lila
Derick is a Clark University graduate—and Fulbright alumni with a Master's Degree in Environmental Science, and Policy. He has over a decade of solar industry research, marketing, and content strategy experience.

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