Chile:

Enap, Enel to Build South America's 1st Geothermal Plant (News Release)

The 50 MW Cerro Pabellon project, will entail an investment outlay of roughly $180 million and enter into operation in late 2016.

Enel Green Power S.p.A., acting through its subsidiary Enel Green Power Chile Ltda, and Empresa Nacional de Electricidad SA have signed a long-term agreement for around 25 years of energy supply and sale of green certificates connected to a geothermal project and a photovoltaic project in Chile, as well as for around 20 years of energy supply and sale of green certificates connected to a wind power project in Chile.

The contract for an estimated total value of up to 3.5 billion US dollars will enable Enel Green Power Chile to develop three plants with a total installed capacity of approximately 300 MW, which will require around 800 million US dollars of investment.

On it's website, Enel lists the Cerro Pabellón geothermal project in Antofagasta province with a projected capacity of 50 MW of which 40 MW is produced by flash technology and 10 MW by a Binary cycle. Operation is slated for late 2016.

Read More.........