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March 6, 2017

SolarReserve to build 450MW solar facility in Chile

SolarReserve has received environmental approval from the Government of Chile to build a 450MW baseload solar facility in the country.

SolarReserve has received environmental approval from the Government of Chile to build a 450MW baseload solar facility in the country.

To be built in the Tarapacá region, the Tamarugal Solar Project will use the company’s solar thermal energy storage technology and comprise three 150MW solar thermal towers.

With 5.8GWh of total energy storage capacity, the facility will operate at an availability percentage equal to that of a coal fired power plant.

SolarReserve's development senior vice-president Tom Georgis said: “SolarReserve’s proven technology is able to provide non-intermittent electricity from solar energy 24-hours a day, without requiring any fossil fuel.

"SolarReserve’s proven technology is able to provide non-intermittent electricity from solar energy 24 hours a day."

“The Tamarugal project will help stabilise and lower electricity costs for Chilean families and businesses, while ensuring energy security for the country.”

The company plans to bid energy and associated capacity from Tamarugal and other projects in Chile into the upcoming international public auction for 24-hour energy supply issued by the country’s power distribution companies every year.

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As part of the development and permitting process for the project, SolarReserve will partner with stakeholders and local communities to ensure minimal environmental impact. The process will involve careful site selection, low water-use systems, and conducting environmental studies before construction begins.

Prior to securing the environmental permit, the project underwent assessments under the Chilean Impact Assessment System, administered by the Environmental Evaluation Service.


Image: Rendering of SolarReserve's 450MW concentrating solarpower (CSP) Tamarugal Solar Project with 5.8GWh of energy storage. Photo: courtesy of Business Wire.

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