Chile Bets on Solar Power

“We have the obligation to lead the renewable energies development here in Chile. Currently we own 50 percent of the electric market and we want to keep this number also for the renewable energies,” said Rafel Mateo, the Chilean manager from Endesa. Endesa Chile, an Endesa Spain subsidiary, will invest 40 million dollars in the first solar power plant in Chile. The chosen location for the plant is the northern part of Chile, possibly Tarapacá or Antofagasta. The northside of Chile is warm and desert, with sunlight almost all year long. Those attributes make the place ideal for a solar energy plant. Until now Chile has not been using renewable energies, unless we count enormous dams that actually damage the local environment. The Endesa solar power plant will have power of 1...
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