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 Chile’s power distribution companies.
In March, SolarReserve said the Chilean government approved its Tamarugal concentrating solar power project in the Tarapacá region of Chile. The project will have three 150-MW solar thermal towers, each with 13 hours of full load energy storage, and 5.8 GWh of total energy storage capacity.
Lead image: Rendering of SolarReserve’s 390-MW CSP Likana project. Graphic: Business Wire