Energy News

Power firm looks to expand business, increasing its presence in South America.

Fulvio Conti, CEO of Endesa’s parent company, Enel, announced on Thursday morning that the energy giant will begin to distribute liquefied natural gas (LNG) and liquefied petroleum gas (LPG) in Chile and Colombia within the next five years.

Spanish-Chilean power firm says that judicial decision does not affect time schedule of project.
 
Energy giant Endesa encountered another setback when the Santiago Court of Appeals ordered a freeze to its controversial US$1.4 billion Punta Alcalde plant.

Decreased snow melt will make country more dependent on coal, experts say.

This year’s drought is beginning to cause water shortages and make Chile’s glaciers shrink. While that sounds bad enough on its own, it may also cause issues for the nation’s power grid as lower river levels stand to seriously affect hydroelectric power generation.

Verdict overturns earlier decision, forcing agreement between Aguas Andinas and AES Gener to be revealed.

On Monday, the Santiago Court of Appeals ordered Chile’s Superintendent of Sanitary Services (SISS) to reveal details of the contract between water supplier Aguas Andinas and energy giant AES Gener.

Alan Bernheimer from First Solar, Inc. said: “Chile has best solar resources and a strong economy that can support energy sector growth.” 

First Solar, Inc., an Arizona-based solar power giant, sealed their purchase of Solar Chile, a solar development company in Santiago, on Wednesday, marking a 1,500 megawatt (MW) investment in the power-hungry nation’s renewable energy sector.

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