(News Bulletin 247) – Repsol Ibereólica Renovables Chile, a company 50% owned by Repsol and the Ibereólica Renovables group, has started producing electricity from its first solar project in the Andean country with the start-up of the plant photovoltaic plant in Chile, which will have a total installed capacity of up to 596 MW.
Once fully operational, the Elena photovoltaic plant will generate enough renewable energy to power more than 554,000 Chilean homes and prevent the emission of approximately 1.19 million tonnes of CO2 into the atmosphere.
João Paulo Costeira, Repsol’s Executive Managing Director for Low Carbon Emissions, said: ‘Chile offers us great potential for asset development and will help us reach our target of 6,000 MW in operation. by 2025.’
Repsol Ibereólica Renovables Chile’s portfolio of projects in the country has around 1,800 MW of assets in operation, under construction or in advanced stages of development, which are expected to come into service before 2026 and with the potential to exceed 2,600 MW in 2030 .
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