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  1. Chile enters the marine hydrokinetics industry via MERIC

    Chile has selected French engineering company DCNS SA and Italian multinational renewable energy Enel Green Power S.p.A. to build its Marine Energy Research and Innovation Centre (MERIC) as part the International Centre of Excellence (ICE) on marine energy in the country. The eight-year project is supported by approximately US$20 million in cash and in-kind funding. Chilean development organization Corporación de Fomento de la Producción (CORFO) will provide significant money and expertise in the venture that will conduct research and development activities on marine hydrokinetics technology (MHK), taking into account the specific natural conditions of the Pacific Ocean in Chile. According to the U.S. Energy Information Administration (USEIA), Chile is South America’s fifth-largest consumer of energy, but it is only produces a relatively minor amount of fossil fuels. “In 2012, Chile imported 97% of its consumption,” according to USEIA. Because Chile is heavily dependent on energy imports, the county seeks to develop greater domestic energy production. “Most of Chile’s natural gas imports arrive as liquefied natural gas from Trinidad and Tobago, Qatar, and Yemen. Chile has two regasification terminals: Mejillones, in the north, and Quintero, near the large urban centers of Valparaíso and Santiago,” said the USEIA. The Chilean government through its Ministry of Energy and Center for Renewable Energy is encouraging private investment in the country's ocean energy sector, according to published reports. Ocean Renewable Power Co. , headquartered in Portland, Maine, is one of the companies the Chilean organization is using because of the significant tidal and river energy resources estimated at several hundred megawatts off of the southern reaches of the Chilean coast. MERIC will benefit from the support of the Chilean development organization Fundación Chile, the research and development foundation INRIA Chile, research institutions Pontificia Universidad Católica de Chile and Universidad Austral de Chile, as well as Enel Group subsidiaries Chilectra and Endesa Chile. By 2019, MERIC hopes to have experience and a consolidated infrastructure that may allow the organization to provide services to local and international industry interested in testing MHK technologies in the Chilean marine environment.  

    Online Articles

    Online Articles

    Mon, 3 Nov 2014

  2. Chile developer awards contracts to build, equip 136-MW Nuble hydropower project

    Vial y Vives-DSD of Chile and Andritz Group of Austria have received contracts totaling US$257 million to build and equip the 136-MW Nuble hydroelectric project in southern Chile .

    Online Articles

    Online Articles

    Thu, 9 Oct 2014

  3. Endesa Chile names Voith to equip 150-MW Los Condores hydro project

    Utility Endesa Chile has awarded a contract to Voith Hydro to supply electro-mechanical equipment to the 150-MW Los Condores hydroelectric project being built on Laguna del Maule reservoir in Chile's Region VII.

    Online Articles

    Online Articles

    Tue, 9 Sep 2014

  4. Latin bank seeks consultants to support Chile pilot ocean energy projects

    The Inter-American Development Bank (IADB) invites expressions of interest from consultants to support development of two pilot marine energy projects in Chile .

    Online Articles

    Online Articles

    Wed, 5 Feb 2014

  1. Chile firm seeks feasibility study of biomass-hydropower renewable energy park

    Online Articles

    Online Articles

    Wed, 25 Sep 2013

  2. Two marine energy projects coming to Chile

    Funding provided by the Inter-American Development Bank (IDB) will help fund the development of two marine energy pilot programs off Chile's southern coast.

    Online Articles

    Online Articles

    Mon, 7 Oct 2013

  3. Endesa Chile increases funding of 150-MW Los Condores hydropower plant

    Endesa Chile has announced a US$661.5 million to build its new 150-MW Los Condores hydropower plant, the power generator announced earlier this week.

    Online Articles

    Online Articles

    Thu, 3 Apr 2014

  4. Nine banks provide financing for Chile's 531-MW Alto Maipo hydropower project

    Developer AES Gener has received US$1.217 billion in funding from a syndicate of local and international banks for the construction of Chile's 531-MW Alto Maipo hydropower project.

    Online Articles

    Online Articles

    Thu, 12 Dec 2013

  5. Chile utility develops hydro maintenance pilot program

    Hydro utility Endesa Chile plans to evaluate results by the end of the year from a pilot Condition-Based Maintenance (CBM) program the company expects will increase the availability of its hydroelectric generating units, reduce costs, and improve asset management.

    Online Articles

    Online Articles

    Wed, 14 Sep 2011

  6. Los Andes Copper, Icafal announce plans for 30 MW hydroelectric project in Chile

    Vancouver-based Los Andes Copper Ltd. has entered into an agreement with Icafal Inversiones SA to develop and finance a 28-30 MW hydroelectric plant on the Rocin River in Chile .

    Online Articles

    Online Articles

    Wed, 18 Jun 2014

  7. Chile's Supreme Court halts start of 640-MW Cuervo hydropower project

    Appeals by environmental groups have stymied construction of Chile's 640-MW Cuervo hydroelectric plant less than a week after work on the project appeared imminent.

    Online Articles

    Online Articles

    Tue, 15 May 2012

  8. UPDATE - Chile gives antitrust approval to 2,355-MW HidroAysen

    Chile's antitrust commission has approved Centrales Hidroelectricas de Aysen S.A., the joint venture of electricity generators Endesa Chile and Colbun to build the five-plant, 2,355-MW Aysen hydroelectric complex in remote southern Chile .

    Online Articles

    Online Articles

    Tue, 23 Oct 2007

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