Enel Green Power has started the construction of the Taltal wind farm, in the region of Antofagasta, where Valle de los Vientos is being developed. Also, it has finalised a funding contract with the Banco de Crédito e Inversiones.
nel Green Power keeps on growing in Chile, where it started in August the construction of Taltal, its first large-scale wind farm in this country.
Located in the region of Antofagasta, where EGP is building its 90 MW Valle de Los Vientos wind farm, Taltal will consist of33 wind turbines, 3 MW each, totaling an installed capacity of 99 MW.
Once it will be put into service, Taltal will generate more than 300 GWh per year, meeting the needs of about 170,000 Chilean households, thus avoiding the emission of more than 200,000 tonnes of CO2.
The construction of Taltal follows the entry into service of the Talinay wind farm, which with its 90 MW accounts for asmuch as 30 percent of the total wind energy produced in this country.
Thus Chile confirms its importance for EGP, which by the end of 2013 aims at owning a market share amounting to about 14percent of the total of renewables, rising to 20 percent within the next five years.
In turn, this South American country aims at incrementing its “non-traditional” energy share to 20 percent of the totalproduction by 2025.
Moreover, in order to support the investment plan that will allow it to grow in this country, EGP Latin America has finalised a funding contract with the Banco de Crédito e Inversiones amounting to $100 million.
In Chile, EGP already manages two hydroelectric plants, Pullinque and Pilimaiquen, with a total capacity of 92 MW. In the geothermal field it owns eight concessions for the exploration of underground resources and is about to start building Cerro Pabellón, the first geothermal plant in South America.