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Chile's PV investment boom continues 2024-03-11
Chilean power group statistics show that in 2023, Chile's installed power generation capacity of 34,577 MW, is expected to increase to 41,191 MW this year, of which, renewable energy installed capacity of 23,204 MW, is expected to increase to 29,763 MW, photovoltaic installed capacity will grow by 47.4 per cent to 13,770 MW, for the largest increase.

The industry believes that one of the reasons for the rapid growth of solar power is that small-scale distributed power generation projects (PMG/PMGD) enjoy regulatory policy advantages, that is, the installed capacity of less than 9 MW of power generation projects can be obtained 24 hours of a single stable price, almost up to the level of the price of coal, to a certain extent, increasing the attractiveness of photovoltaic project investment.


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