Resources (USD50M) from the Clean Technology Fund (both from the investment plan and from the Dedicated Private Sector Program, DPSP) will be channeled to a program designed to lower risks of geothermal exploration and encourage investment. With the contribution of the CTF and IDB, an estimated number of 2-3 projects could be financed. Given that Chile is a net importer of … [Read more...] about Geothermal Risk Reduction in Chile
Workshops and studies to reduce financing barriers for energy efficiency and self-sufficiency
Representatives of the Chilean financial, business, and government communities are participating in a comprehensive program of workshops, training, and pre-investment studies with the aim of increasing financing for renewable energy self-supply and efficiency projects, particularly for small- and medium-scale industrial, commercial, and private entities. Program participants … [Read more...] about Workshops and studies to reduce financing barriers for energy efficiency and self-sufficiency
Atacama Desert’s concentrated solar power plant
In January 2014 the Government of Chile named Abengoa the winner of its “Concurso Planta Térmica de Concentración Solar de Potencia”. Abengoa won the tender with its planned Cerro Dominador project, a 110 MW concentrated solar power (CSP) tower plant with up to 17.5 hours storage capacity in northern Chile. As the winner of the tender, the Abengoa project is eligible to receive … [Read more...] about Atacama Desert’s concentrated solar power plant
Chile – Clean Technology Fund Investment plan
Investment plan for Chile emphasizes renewable solar power and energy efficiency Chile’s CTF investment plan will strengthen the country’s energy security and meet its commitment to tackling climate change. Prepared by the country’s Energy Ministry with input from national stakeholders, the IDB, and other multilateral and bilateral institutions,the original plan was … [Read more...] about Chile – Clean Technology Fund Investment plan
BOLIVIA – Pilot Program for Climate Resilience Improvements in water supply infrastructure and irrigation systems will increase climate resilience in urban and rural areas in Bolivia
An IDB program to reduce the vulnerability of the municipalities of Batallas, Pucarani and El Alto in Bolivia to future water shortages by increasing water storage and supply infrastructure, improving irrigation systems and establishing water management measures will be financed by the Pilot Program for Climate Resilience (PPCR) and the IDB. The projected water deficiencies … [Read more...] about BOLIVIA – Pilot Program for Climate Resilience Improvements in water supply infrastructure and irrigation systems will increase climate resilience in urban and rural areas in Bolivia