Ibereólica plans to build the plants in the commune of María Elena and connect them to the nation’s Norte Grande (SING) grid.

On December 10th, 2012 Ibereólica’s (Madrid, Spain) Chilean subsidiary filed for environmental approval for a 400 MW concentrating solar power (CSP) project in the nation’s Antofagasta Region.

The USD 3.29 billion María Elena CSP project will consist of four 100 MW solar power tower CSP plants equipped with molten salt thermal energy storage. Ibereólica plans to build the plants in the commune of María Elena and connect them to the nation’s Norte Grande (SING) grid.

Second large CSP project planned for Antofagasta

On August 29th, 2012, Ibereólica received approval from Chile’s Environmental Evaluation Agency (SEA) for its 360 MW Pedro de Valdivia CSP project, which will also be located in the Antofagasta region.

Chile’s SEA had approved 2.05 GW of solar photovoltaic (PV) projects as of the end of September 2012, however only 3.9 MW were under construction.

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