The Pedro de Valdivia CSP Solar Plant – Molten Salt Thermal Energy Storage System is a 360,000kW energy storage project located in Maria Elena, Antofagasta, Chile.

The thermal energy storage project uses molten salt as its storage technology. The project was announced in 2012.


The Pedro de Valdivia CSP Solar Plant – Molten Salt Thermal Energy Storage System is being developed by Grupo Ibereolica Renovables. The project is owned by Grupo Ibereolica Renovables (100%).

The key applications of the project are renewables capacity firming and renewables energy time shift.

Contractors involved

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Grupo Ibereolica Renovables is the owner. Grupo Ibereolica Renovables is the developer.

Additional information

The planned project, located at Maria Elena in the Antofagasta region, is a 360 MW plant divided in two phases (I and II) which in turn are divided into two 90 MW units. The plant will use parabolic trough technology with thermal storage. The expected generation is up to 2,108 GWh per year.

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.


All publicly-announced energy storage projects included in this analysis are drawn from GlobalData’s Power IC. The information regarding the projects are sourced through secondary information sources such as country specific power players, company news and reports, statistical organisations, regulatory body, government planning reports and their publications and is further validated through primary from various stakeholders such as power utility companies, consultants, energy associations of respective countries, government bodies and professionals from leading players in the power sector.