SolarReserve yesterday said its 390-MW Likana concentrating solar power plant received environmental approval from the Chilean government.
The project in the Antofagasta region of Chile will have 5.1-GWh of energy storage.
“The Chilean transmission system will have difficulty accommodating large amounts of intermittent power,” Tom Georgis, SolarReserve’s senior vice president of development, said in a statement. “The distribution companies and mining sector require a firm, secure, and stable supply of electricity 24 hours a day. The Likana project will help lower electricity costs for Chilean families and businesses, while safeguarding grid stability.”
SolarReserve said it will be bidding energy and associated capacity from its Chilean projects into the upcoming auction for energy supply issued annually by