π Tender Overview
Scope of Work:
Construction of Parque Terra Energia Renovable project.
Description:
Santiago, Chile-based power business AES Andes has actually obtained environmental approval to build an 862.5-MW wind as well as solar hybrid generation plant in the Chilean region of Antofagasta complying with a nearly three-year review process.
The Parque Terra Energia Renovable project will see the firm construct a 350-MW wind farm as well as a 512.5-MW solar photovoltaic or pv farm in the commune of Taltal, northern Chile, and locate a battery energy storage system (BESS) amongst the solar arrays. Investment in the project is estimated at USD 750 million (EUR 692.7 m).
The wind farm will certainly be composed of 50 turbines of 7 MW each, while the solar plant will be furnished with roughly 1.1 million panels, as initially prepared. Construction is now expected to begin in the first quarter of 2025, while power generation is seen to begin in the initial quarter of 2027.