With a total capacity of around 400MW, Acciona will build the photovoltaic plants in Atacama and Antofagasta, while the two wind farms will be built in La Araucanía.
By early next year, the firm intends to begin the construction works at the 62MWp-capacity Almeyda photovoltaic plant site and expects to complete the project within the same year.
Spread over 150ha, the Almeyda photovoltaic plant will feature solar modules with horizontal tracker technology.
Acciona is planning to begin construction of the 64MWp Usya photovoltaic plant by the third quarter of next year.
The Usya photovoltaic plant will be equipped with solar modules and cover 105ha of land in Calama, Antofagasta.
The company is planning to commence the operations at this plant by mid-2020.
Acciona will be investing nearly $150m to complete the two new photovoltaic plants.
The Spanish company is currently constructing the 183MW San Gabriel wind farm with a $300m investment in the municipality of Renaico, La Araucanía, and is expected to commence its operations by early 2020.
Acciona is also planning to build the Tolpán wind farm with an initially planned capacity of 87MW near the San Gabriel wind farm with an investment of approximately $150m.
The exact capacity of the Tolpán wind farm is yet to be confirmed by the authorities.
Acciona South America CEO José Ignacio Escobar said: “We are undertaking major investments over this three-year period, which will considerably strengthen our presence in the thriving renewable energy sector in Chile.”
The energy firm secured the contracts through two public energy auctions and has also signed contracts to supply the renewable energy to companies such as Google , Falabella , ENAMI and Aguas Chañar .