Repsol Ibereólica Renovables Chilea company 50% owned by Repsol and Grupo Ibereólica Renovables, has announced that the Elena photovoltaic plant, located in the Chilean commune of María Elena, has begun to pour electricity into the grid. The plant will have a total installed capacity of up to 596 MWand its first phase has 76.8 MW of power through 142,275 bifacial photovoltaic modules.
By the time it comes fully operational, the photovoltaic plant is expected to generate enough renewable energy to supply more than 554,000 Chilean homeswhich means avoiding the emission of around 1.19 million tons of CO2.
João Paulo Costeira, General Director of Low Carbon Generation at Repsol, has indicated that the merger with Ibereólica Renovables allows Repsol “to meet our growth and diversification goals in Chile, a country that offers us a great potential for asset development“, in addition to helping to achieve the company’s objective of having ” 6,000 MW in operation in 2025“.
For his part, Gregorio Álvarez, founder and president of Grupo Ibereólica Renovablesstressed that the link with Repsol demonstrates the commitment of both “to the decarbonisation of the country”, after which he recalled that thanks to said union “we have managed to establish some solid foundation on which to jointly develop a more sustainable future for Chile”.
The partnership between both companies has already Electricity production started at the Atacama wind farm, the second wind project that both companies jointly develop and put into operation, and which has 165.3 MW. Previously, both had put into operation the Cabo Leones III, 192.5 MWin December 2020.
