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Spain’s Grenergy completes a 240 MW solar power plant in central Chile

The Spanish renewable energy company Grenergy has completed the construction of a 240 MW solar power plant located in the municipality of Teno near the city of Curico (central Chile). The Gran Teno solar plant is the largest that Grenergy has built and is expected to be fully operational in the coming weeks. The plant will provide enough electricity to power 60,000 Chilean households and prevent the emission of nearly 190,000 tCO2/year. Part of this energy produced will also be sold to an undisclosed international utility present in the Chilean market, with whom Grenergy recently signed a power purchase agreement (PPA).

Gran Teno joins the more than 60 plants that Grenergy has already built in Chile, the main market for the company. The Spanish company is currently building 500 MW of wind and solar capacity in Chile and has 2.8 GW of wind and solar under development in the country, alongside 2.6 GWh of battery projects.

At end-2021, solar accounted for 15% of Chile's installed capacity with 4.7 GW. The country commissioned 1.1 GW of solar projects in 2021. Around 3.7 GW of solar projects are currently under construction in the country and more than 27 GW are under development.

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