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November 26, 2021

ERNC Antofagasta Solar PV Park, Chile

By Carmen

ERNC Antofagasta Solar PV Park is a 752.3MW solar PV power project. It is planned in Antofagasta, Chile. The project is currently in announced stage. It will be developed in single phase. The project construction is likely to commence in 2023 and is expected to enter into commercial operation in 2025.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Solar PV 752.3 752.3 Announced Antofagasta, Chile Grupo Ibereolica Renovables

Description

The project is being developed and currently owned by Grupo Ibereolica Renovables.

ERNC Antofagasta Solar PV Park is a ground-mounted solar project.

The project cost is expected to be around $874m.

The solar power project consists of 1,419,840 modules, each with 530W nameplate capacity.

Development Status

The project construction is expected to commence from 2023. Subsequent to that it will enter into commercial operation by 2025.

About Grupo Ibereolica Renovables

Grupo Ibereolica Renovables (Ibereolica) is a renewable energy company that generates and distributes electricity. The company generates energy from renewable sources such as solar, hydro and wind; and nuclear sources. It uses solar thermal and photovoltaic technology to produce renewable solar energy. Ibereolica also provides engineering and maintenance services. The company conducts research and development on new technologies for improving the resource utilization to produce renewable energy. It has operations in Chile, Peru and Brazil. Ibereolica is headquartered in Madrid, Spain.

Methodology

All power projects included in this report are drawn from GlobalData’s Power Intelligence Center. The information regarding the project parameters is sourced through secondary information sources such as electric utilities, equipment manufacturers, developers, project proponent’s – news, deals and financial reporting, regulatory body, associations, government planning reports and publications. Wherever needed the information is further validated through primary from various stakeholders across the power value chain and professionals from leading players within the power sector.

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