Tag Archives: Chile

Repsol Begins Power Generation at Antofagasta Phase 1 Wind Farm, Chile’s New Renewable Giant

(IN BRIEF) Repsol has begun power production at Antofagasta Phase 1, its largest wind farm and one of Chile’s most significant renewable energy projects. Located in Taltal, the 364 MW facility required nearly €400 million in investment and will soon … Read the full press release

Banco Santander Fuels Social Progress with EUR 166 Million Investment in Education and Crisis Relief

(IN BRIEF) Banco Santander has committed EUR 166 million in 2024 to a wide array of initiatives supporting education, employability, entrepreneurship, and financial literacy, impacting five million people across its operational regions. The investment, split between EUR 104 million for … Read the full press release

Mesa Multiactor Foundation Launched to Lead Water Management Efforts in Chile’s Salar de Atacama

(IN BRIEF) As of February 2025, the Multi-Stakeholder Roundtable (Mesa Multiactor) has officially transitioned into an independent foundation, focusing on sustainable water management in Chile’s Salar de Atacama. The initiative, backed by major corporations like BASF, BMW, and Volkswagen, has … Read the full press release

DNV Supports Grenergy in Securing USD 299 Million Financing for Landmark Renewable Energy Project in Chile

(IN BRIEF) DNV has assisted Grenergy in securing USD 299 million in financing for the Víctor Jara phase of the Oasis de Atacama project in Chile, which is set to be the world’s largest battery energy storage system. The project … Read the full press release

DNV and Atlas Renewable Energy Secure Funding for Major Battery Storage Project to Enhance Chile’s Green Energy Transition

(IN BRIEF) DNV has collaborated with Atlas Renewable Energy to secure $289 million in financing for its first standalone Battery Energy Storage System (BESS) project in Chile. The funding, obtained through senior loans and credit lines from BNP Paribas and … Read the full press release

Transemel Maintains Excellence in Emissions Management with Third Consecutive HuellaChile Seal

(IN BRIEF) Transemel, a Chilean electric company owned by REN, has renewed the “HuellaChile” seal for the third year. This recognition, awarded by the Chilean Ministry of Environment, highlights Transemel’s ongoing efforts in managing greenhouse gas emissions. REN’s broader decarbonization … Read the full press release

Abertis Strengthens Presence in Chile with New Ruta 5 Santiago-Los Vilos Concession

(IN BRIEF) Abertis has won the concession for the Ruta 5 Santiago-Los Vilos motorway in Chile, extending its presence in the country and solidifying its position as a leading toll road operator. Starting in April 2025, Abertis’ subsidiary VíasChile will … Read the full press release

Kapsch TrafficCom Expands Inclusive AI Initiative to Chile, Leveraging Unique Skills for Competitive Advantage

(IN BRIEF) Kapsch TrafficCom is expanding its AI annotation initiative to Chile, building on a successful program in Vienna, Austria, where individuals with autism are employed to train AI systems for traffic management. The Chilean team will join the global … Read the full press release

Chile’s Renewable Energy Boost: PowerTree Selects AFRY for Solar Portfolio Engineering

(IN BRIEF) PowerTree, a global renewable energy company, has partnered with AFRY to construct a 45MW solar portfolio in Chile, aiming to integrate clean energy into the national grid. As an Independent Power Producer (IPP), PowerTree specializes in solar development … Read the full press release

FLSmidth Secures Major Service Contract for HPGRs in Chilean Iron Ore Mines

(IN BRIEF) A leading Chilean iron ore miner has entrusted FLSmidth with a multi-year contract to service its five High Pressure Grinding Rolls (HPGRs) across three mines in Chile, aiming to boost productivity and extend equipment lifespan. Despite the HPGRs … Read the full press release

Thales and DGAC Launch World’s First Solar-Powered Air Traffic Control Radar in Chile’s Atacama Desert

(IN BRIEF) Chile’s General Directorate of Civil Aeronautics (DGAC) and Thales, a global technology leader, have unveiled the world’s inaugural 100% solar-powered air traffic control radar station in Chile’s Atacama Desert. Combining Thales’ advanced STAR NG primary radar and RSM … Read the full press release

ENGIE Unveils Massive Battery Energy Storage System to Enhance Renewable Energy Integration

(IN BRIEF) ENGIE, a global leader in renewable energy, has introduced a groundbreaking Co-Located Battery Energy Storage System (BESS) with a storage capacity of 638 MWh and 139 MW of installed capacity. This innovative technology, utilizing lithium batteries, is integrated … Read the full press release

Stellantis Pours €5.6 Billion into South America: A Game-Changer for the Region’s Automotive Sector

(IN BRIEF) Stellantis has unveiled an ambitious investment plan of €5.6 billion in South America, marking the largest ever investment in the region’s automotive industry. This substantial funding will span from 2025 to 2030 and will facilitate the introduction of … Read the full press release

Enhancing Mining Operations: Sandvik to Supply AutoMine® System to Codelco’s Chilean Mine Project

(IN BRIEF) Sandvik, a global leader in mining solutions, has secured a significant order from Codelco, the world’s largest copper producer. Valued at around SEK 300 million, the order is for Sandvik’s AutoMine® load and haul automation system to be … Read the full press release

Chilean Copper Mining Project Awards Metso EUR 55 Million Equipment Contract

(IN BRIEF) Metso has secured a significant contract worth approximately EUR 55 million to supply essential concentrator equipment for a copper mining project in Chile. The order includes a range of high-capacity equipment such as crushers, vibrating screens, regrinding mills, … Read the full press release

DNV’s Expertise Fuels Financing Success for MYTILINEOS S.A.’s Chilean Solar Power Projects

(IN BRIEF) DNV, the independent energy expert and assurance provider, has played a pivotal role in facilitating the successful closure of financing for MYTILINEOS S.A.’s portfolio of solar farm projects in Chile. The portfolio includes the Willka, Doña Antonia, Tocopilla, … Read the full press release

Enel’s Strategic Divestment: Arcadia Generación Solar Now in Sonnedix’s Hands

(IN BRIEF) Enel and its subsidiary, Enel Chile, have successfully completed the sale of their equity interests in Arcadia Generación Solar to renewable energy producer Sonnedix. This transaction, valued at 556 million US dollars, includes four operational PV plants in … Read the full press release

Autopista Central Leads the Way with Kapsch TrafficCom’s Pioneering MLFF Toll System in Santiago

(IN BRIEF) Kapsch TrafficCom has implemented an advanced toll collection system called MLFF (Multi-Lane Free Flow) in Santiago de Chile’s metropolitan area. This system facilitates over 1.6 billion transactions annually across nine urban highways in Santiago and extends to two … Read the full press release

European Investment Bank Boosts Energy Efficiency and Renewable Hydrogen Initiatives in Chile

(IN BRIEF) The European Investment Bank (EIB) has taken significant steps to promote sustainable development in Chile during the EU-CELAC Summit of Heads of State and Government. The EIB announced its first-ever residential mortgage-based loan outside the EU, providing €200 … Read the full press release

European Union’s Global Gateway Initiative Supports Sustainable Projects in South America

(IN BRIEF) The European Investment Bank (EIB) has announced the signing of multiple loans during the European Union-Community of Latin American and Caribbean States (CELAC) Summit of Heads of State and Government. These loans will provide financing for climate action … Read the full press release