Chile’s annual installed renewables capacity to decline to 0.97GW due to Covid-19

19 May 2020 (Last Updated May 19th, 2020 16:39)

The Covid-19 pandemic has prompted lockdown measures in countries across the world as a viable option to deal with the rapid transmission of the virus. The virus reached the South American continent, with Brazil followed by Chile reporting cases at the beginning of March.

Since the middle of March, the government imposed a lockdown and established an action plan that includes employment, public health and tax actions to the tune of $11.75bn, which is equivalent to 4.7% of the nation’s GDP. 

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