SeeNews Renewables —Chile’s ministry of national assets on Monday launched an auction for 2,896 hectares (7,156 acres) of state-owned land in Arica and Parinacota, which is available for renewable energy development.
The auction comes in line with the country’s efforts to boost the use of clean energy, especially solar power, and diversify its mix. The winners will get long-term concession contracts.
As of end-2015, Chile has awarded concessions for 50,528 hectares of state land to renewable energy projects with a combined capacity of over 8.4 GW. These will be located in the regions of Arica and Parinacota, Tarapaca, Antofagasta, Atacama and Maule. The projects are calling for a combined investment of USD 16.9 billion (EUR 15.6bn).
The operator of Chile’s central power system (SIC) recently said the renewable energy share in all power produced on SIC has risen to nearly 11.5% in 2015 from around 8.5% a year ago. Wind power output rose by 54% year-on-year and solar power generation jumped by 166%.
SeeNews Renewables goes beyond the familiar renewable markets of Western Europe and the US to encompass the potential of BRIC counties and emerging investment destinations in North Africa, the Asia Pacific, Central and Eastern Europe. SeeNews Renewables is covering all renewable energy sources: wind, solar, hydropower, biomass, geothermal and marine energy.