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ACCIONA to double renewable capacity in Latin America

By Michelle Froese | November 6, 2017

ACCIONA Energía will easily double its renewable energy capacity in Latin America to over 2,000 MW by 2020, all owned and operated by the company. The company currently owns 897 MW of wind and photovoltaic power capacity in the region (in Chile, Mexico, and Costa Rica). In the last trimester of this year another 700 MW will be under construction and come on stream in 2018 and 2019, plus other projects at very advanced stage of development that are expected to be completed in 2020.

Punta Palmeras wind farm

By the end of the year, ACCIONA Energía will have wind farms and PV plants in Mexico and Chile, with a total capacity of 700 MW.

“Chile meets all the conditions to be a leader in the development of renewable energy in the world and our El Romero Solar plant is a perfect example of it,” said ACCIONA President José Manuel Entrecanales who added that ACCIONA hopes to continue contributing to the maturity of the industry in other Latin American countries. “What has been termed as non-conventional renewable energies today are in fact the energies that are going to become the conventional ones because they will be the ones that are imposed on all other generation technology.”

El Romero Solar was grid connected one year ago after being built in record time: 13 months. Located in Vallenar, around 645 kilometers north of Santiago, it covers 280 hectares in the Atacama Desert. Its 246 MWp (196 MW nominal capacity) can produce clean energy equivalent to the electricity demand of 240,000 Chilean homes, avoiding the emission of around 475,000 tonnes of CO2 to the atmosphere from coal-fired power stations every year.

El Romero Solar is the second facility owned and operated by ACCIONA Energía in Chile after the 45-MW Punta Palmeras wind farm in the region of Coquimbo, which entered service in October 2014. As well as supplying energy to the Chilean power grid, in July this year the company signed a contract with the Falabella group, a leading retail distributor in Chile, to supply renewable energy to almost one hundred of its premises.

In the last quarter of this year ACCIONA is constructing a 183-MW wind farm (San Gabriel) in La Araucanía to cover the supply of 506 GWh awarded to the company by the Chilean Energy Commission (CNE) in August 2016.

The renewables sector in Chile offers some of the best prospects in Latin America, which also means at global level. According to the International Energy Agency (IEA), Chile can reach – including conventional hydroelectric power – a 50% share of renewable energy in its energy mix in just five years (2022) compared with 39% in 2016. This will be done with 5.2 additional GW of non-conventional renewable energies expected to come on stream in that period.

 


Filed Under: News

 

About The Author

Michelle Froese

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