28 Mar '12, 4pm

Latin America Report: Geothermal Gaining Steam in Chile

Two of the concessions are in areas within 70 kilometers of Santiago and the third is 1,000 kilometers north of the nation’s capital. Enel Green Power now holds eight geothermal exploration concessions in Chile. Geotermica del Norte, a subsidiary of Enel Green Power, is close to entering the construction phase on a 40 MW facility in the region of Antofagasta in the northern part of Chile. Once completed, it will be the first geothermal facility in South America, and it could ultimately extend the resource’s reach from its current stronghold in the United States and Mexico. “Thanks to more than 100 years of experience in the sector, EGP has the ability and know-how to sustain the challenge of being the first to generate electricity with this technology in Chile, where an estimated over 3,300 MW geothermal potential exists,” said Francesco Starace, Enel Green Power CEO, in a...

Full article: http://www.renewableenergyworld.com/rea/news/article/2012...

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