Residential solar battery project financing options in Chile 2030

Should Chile invest in solar energy?

As investment in solar energy has been successful in the north of Chile, the focus should be placed on energy storage.

How can we accelerate the energy transition in Chile?

We propose options to accelerate the energy transition that take advantage of the existing infrastructure and exceptional conditions for renewable energy in Chile. The development of solar power in the north of Chile will allow the electrification of most of the national demand.

Will solar power become the first source of electricity in Chile?

Additionally, according to a study by the Chilean Association of Power Generators, by 2030, solar power is expected to reach 30% of total installed capacity, becoming the country's first source of electrical energy. The increasing solar capacity and development of new projects are expected to drive the solar energy market in the forecast period.

Should solar power be developed in the north of Chile?

The development of solar power in the north of Chile will allow the electrification of most of the national demand. The possibility of ammonia and e-fuels projects in the south should be analysed to explore the potential economic and environmental synergy in transporting raw materials and products.

Will Enel Chile start a solar power plant in 2022?

September 2022: Enel Chile got authorization from the National Electric Coordinator to commence commercial operation of its Sol de Lila solar power facility, which has an installed capacity of 161 MW, through its renewable energy development company, Enel Green Power Chile.

Is the energy transition occurring in Chile a historical event?

The progress of the energy transition occurring in Chile is reviewed in the context of historical events. The abundant renewable energy resources far exceed current demand and offer exceptional harvesting conditions.