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November 12, 2021

Horizonte Wind Project, Chile

By Carmen

Horizonte Wind Project is a 980MW onshore wind power project. It is planned in Antofagasta, Chile. The project is currently in permitting stage. It will be developed in single phase. Post completion of the construction, the project is expected to get commissioned in 2024.

Project Type Total Capacity (MW) Active Capacity (MW) Pipeline Capacity (MW) Project Status Project Location Project Developer
Onshore 980 980 Permitting Antofagasta, Chile Colbun

Description

The project is being developed and currently owned by Colbun.

The project is expected to generate 2,000,000MWh electricity and supply enough clean energy to power 700,000 households. The project cost is expected to be around $700m.

The wind power project consists of 140 turbines, each with 7MW nameplate capacity.

The turbines that are getting installed on the project will be using Tubular Steel towers.

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Development Status

Post completion of the construction, the project is expected to get commissioned in 2024.

About Colbun

Colbun SA (Colbun) is an electric utility that generates and transmits electricity. It produces electricity from various sources including hydro, diesel, natural gas, coal, wind and biomass. The company has operating and developing interests in various power plants. Colbun also procures electricity from economic load dispatch center (CDEC) to meet the demand-supply trends. It transmits electricity through a network of single and double-circuit transmission lines and substations which interconnects with central interconnected grid. The company serves regulated, non-regulated, and CDEC clients across Chile and Peru. Colbun is headquartered in Las Condes, Santiago, Chile.

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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