Golden Solar! Advance Power! Green Life!
Source: PV-Magazine Date: July 29, 2024
There are currently more than 3.9 GW of photovoltaic power under construction in the country. Nearly 70% of Chile’s electricity generation in June was renewable, and solar energy accounted for 15% of monthly generation.
Chilean energy association Generadoras Chile has presented its monthly bulletin for June showing that the National Electric System (SEN) has a total installed capacity of 33,580 MW, of which 22,121 MW correspond to renewable energy.
Currently, 8,292 MW are under construction, with 99% of renewable projects. Of these, 47.8% are photovoltaic (3,962 MW), 22.7% wind (1,882 MW) and 18.5% (1,530 MW) are battery storage systems (BESS).
In addition, in terms of environmental assessment, projects totaling 1,069 MW were entered into the of which 61% are photovoltaic. Initiatives for 1,361 MW were approved, with an associated investment of $1.26 billion.
In addition, 67% of electricity production during June stemmed from renewable sources, exceeding 50% on 29 of the 30 days of the month. Hydropower topped the list, contributing 35% of monthly generation, followed by solar energy, which accounted for 15% of monthly generation, with an instantaneous solar share peaking at 53% on June 1 at 12:00 p.m. The leading regions were Antofagasta (47%), Atacama (31%) and Tarapacá (5%).