Chile solar energy market 2025 -Opportunities, Policy, Trends
Chile''s booming solar energy market in 2025, with policy support, industrial trends, and MOTOMA''s turnkey solar + storage solutio for mining, agriculture, and residential secto.
Chile has seen a surge in co-located BESS and solar PV projects, either operational or in construction, as the country faces an increase in curtailment and transmission issues. Chilean solar PV and wind saw nearly 6TWh of capacity curtailed in 2024, according to trade body the Chilean renewable energy and energy storage association (ACERA).
Moreover, Chile, along with Brazil, will be the main drivers for solar PV additions in South America in the coming years, according to a recent report from Wood Mackenzie. Wood Mackenzie forecasts 160GW of new solar PV capacity by 2034 in South America, of which 78% will come from Chile and Brazil.
In the region, the company has a development pipeline of 7GW comprising 56 projects. Chile has seen a surge in co-located BESS and solar PV projects, either operational or in construction, as the country faces an increase in curtailment and transmission issues.
According to Zelestra, the hybridised solution will provide Abastible with night-time power and increase the company's carbon-free energy portfolio. This is the second solar-plus-storage PPA signed by Abastible in over a month.
Chile''s booming solar energy market in 2025, with policy support, industrial trends, and MOTOMA''s turnkey solar + storage solutio for mining, agriculture, and residential secto.
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Spanish renewables developer Zelestra has signed a long-term power purchase agreement (PPA) with gas provider Abastible for a solar-plus-storage plant in Chile.
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