Energy
Market
We are part of a highly dynamic industry and market. Chile is a country that offers a regulatory environment propitious to developing business that contributes to the country’s 2050 goal of becoming carbon-neutral. Our business opportunities relate directly to the dynamism of the local industry and the international urgency with which we are called upon to address the effects of climate change.
Likana Project
Likana Solar requires an investment of US$1.8 billion and it will use the same technology as Cerro Dominador. It will consist of three towers. This will make it one of the renewable energy power plants with the greatest capacity in the world. It will be located on the Quimal Flats, 41 kms to the southwest of Calama.
Each of the towers will be made of reinforced concrete and will reach a height of close to 205 meters. The receiver will rise another 45 meters above that. The Environmental Assessment Service granted this project authorization in October 2021 to expand its capacity from 450 MW to 690 MW.
The project also plans to optimize the site facilities and camps for a better organization of activities and the least impact possible at the site, both on the environment and the zonal inhabitants. This included a change in the route of the power line (PL) that meant extending it 1.17 kms beyond the initially proposed route.