Argentina possesses one of the highest potentials for wind and solar energy globally, but renewable sources contribute approximately 15% to electricity production. This primarily arises from the inconsistent characteristics of wind and solar energy. There is heightened competition from fossil fuels such as oil, natural gas, and coal, which make up 65% of the energy
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Argentina has 21% of global lithium reserves and is growing, driven by high global demand for electric vehicles and renewable energy storage. Argentina’s lithium comes from salt flats where brine extraction is the dominant method. Major lithium reserves are mostly found in Jujuy, Salta, and Catamarca provinces. The extraction process involves pumping lithium-rich brine to
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Ventisqueros seeks to emerge as a leader in sustainability within the salmon industry by integrating renewable energy. This positions Chile as a pioneer in sustainable aquaculture, reducing carbon emissions in energy-intensive industries. The use of renewable energy in fish farming reduces fossil fuel dependence, cutting greenhouse gas emissions. The initiative is also investing in efficient,
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The Horizonte wind farm is a significant milestone in Chile’s renewable energy, marking a collaboration between ENERCON. This partnership concluded in the creation of South America’s largest wind farms. It also showcased advanced technology and a commitment to sustainable energy solutions. The project features 140 ENERCON E-160 EP5 wind turbines, each with a capacity of
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Chile is on the rise as a global green hydrogen producer, leveraging its abundant renewable energy resources. Corfo awarded $25.6 million in financing to three business conglomerates. Corfo is a Chilean economic development agency focused on fostering innovation, investment, and infrastructure development in Chile. This investment will allow the installation of green hydrogen plants in
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The Los Condores hydroelectric plant, a 153 MW facility developed by Enel Chile, is a significant milestone in Chile’s renewable energy transition. The plant generates electricity by diverting water from a river or lake without altering the natural flow. This design reduces environmental disruption compared to large reservoir-based dams. It plays a crucial role in
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With South America planning to increase solar photovoltaic capacity by 160 GW, Chile is poised to take a leading role in the renewable energy sector. In the region, there are initiatives for diversification, increasing energy demand, and positive system economics. The rise in solar PV installations will enable Chile to represent 78% of new setups.
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Chile aims to become a global leader in green hydrogen development through leveraging abundant renewable energy resources, supportive government policies, and strategic geographic locations. Green hydrogen is produced through the electrolysis of water using renewable energy. Chile has plenty of natural resources ideal for solar and wind energy production.. This is in areas like the
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Exxon Mobil and SLB are prepared to engage with Chilean authorities to explore possible lithium investment opportunities. This signifies a strategic transition by conventional energy firms towards renewable energy sources. Lithium is an essential mineral for electric vehicle batteries, aiding the worldwide shift to sustainable energy. Exxon Mobil is contemplating the adoption of direct lithium
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Engie Chile hired CRJ Renewables, a Portugal-based renewable energy company, to construct a 165 MW wind farm to transition to a more sustainable energy matrix. The collaboration highlights the global effort to expand clean energy infrastructure in regions with high renewable energy potential. Engie and CJR Renewables are developing the Pemuco wind farm to drive
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