SANTIAGO: Even as copper prices hit a ten-year high this week, political events in Chile – the world’s main producer – have raised questions about whether the country will be able to continue meeting rising demand. A surge on infrastructure spending in industrialized countries, a weak dollar, and strong demand in China boosted the price […]
Copper hits over 10-year high on supply woes, demand revival hopes
HANOI: Copper prices hit a 10-year high on Tuesday over supply worries in top producer Chile and as investors hope for an improvement in global demand amid a stable economic recovery and green investments. The most-traded June copper contract on the Shanghai Futures Exchange jumped as much as 3.5% to 72,820 yuan ($11,230.38) a tonne, […]
Investors Lining Up for Hydrogen Subsidies in Chile
Chile plans to begin a competitive process within a month to award $50 million in subsidies for green-hydrogen projects as the biggest copper-producing nation strives to become carbon neutral. The Energy and Mining Ministry has identified about 40 projects in industries including mining and infrastructure and has received considerable interest from local and overseas groups, […]
Mytilineos heightens focus on solar in bid to reach 3GW of capacity by 2030
Mytilineos is looking to transfer its global experience of solar and storage project development to help decarbonise the Greek electrical system and hit 3GW of PV capacity by 2030. The industrial group earlier this month acquired 1.48GW of Greek solar parks as part of efforts to expand the company’s new renewables and storage development business […]
Ingeteam supplies its solar inverters for a PV project of more than 100MW in Chile
Ingeteam has supplied 72 PV inverters for a photovoltaic project that is being constructed in Chile, owned by Global Power Generation (GPG), the international power generation subsidiary of the Naturgy group. Over the next few months, the company is set to perform the commissioning work and will also be responsible for the provision of the […]
Sungrow Crosses 1 GW of PV Inverter Shipment in Chile
SANTIAGO, Chile: Sungrow, the global leading inverter solution supplier for renewables, announced that the Company hit 1 GW PV inverter cumulative shipment to Chile and took first place in the shipment ranking in Chile this year, contributing to Chilean renewable energy deployment and coal power phase-out national targets. Chile is now in the midst of […]
Italy’s Enel to help build green hydrogen plant in Chile
MILAN: Italy’s Enel ENEI.MI plans to team up with Chilean power company AME and others to install a pilot project to produce green hydrogen in Chile, the utility said on Friday. The plant, which is expected to be commissioned in 2022, will be the first green hydrogen plant of its kind in the country […]
LONGi supplies 123MW of high-efficiency modules for Solarpack’s Granja PV plant in Chile
Developed, built and operated by Spanish group Solarpack, the Granja PV plant is located in Chile’s Atacama Desert and began feeding electricity into the country’s National Grid on March 2, 2020. World leading solar technology company LONGi, as the sole module supplier, provided 123MW of its monocrystalline PERC modules for the project. Founded in 2005, […]
After Violent Clashes of 2019, Investors Reassess Chile’s Prospects for Renewable Energy
Social unrest led Chile to give up hosting the U.N.‘s COP25 summit in December, but investors are showing signs of confidence in the country’s renewables market. Investors believe the prospects remain strong for Chile’s hot renewables market, despite recent social unrest that caused the nation to relinquish hosting climate talks last year. Chile was forced […]
India ranks ninth on Climate Change Performance Index
India ranked ninth on the Climate Change Performance Index (CCPI), above countries like Finland, Chile, and Norway. Efforts made by India to tackle and control climate change finally have been put into action with the country scoring 66.02 points on the scale. The highest-ranking country was Sweden at number four, clocking in 75.77 points, […]
