COPIAPÓ, ATACAMA REGION, CHILE
The Copiapó Solar Energy Project consists of SolarReserve’s industry leading CSP tower technology with molten salt thermal energy storage combined with solar photovoltaics (PV). The concept of balancing CSP with PV “inside the fence” will ensure that the transmission system remains reliable and secure. Copiapó will be the first facility of its kind in Chile and will be the largest solar power plant in the world.
Utilizing SolarReserve’s proprietary solar thermal energy storage technology, Copiapó will deliver reliable, clean, non-intermittent baseload power 24 hours a day. The project technology will be based on SolarReserve’s successful Crescent Dunes project in the U.S. The Copiapó project will be comprised of two 130 megawatt (MW) solar thermal towers with energy storage, combined with 150 MWs of PV. This hybrid concept will maximize the output of the facility, delivering over 1,800 gigawatt hours (GWh) annually, while providing a highly competitive price of power. It will produce up to 260 MW’s of firm baseload power which is critical to the mining sector; operating at a capacity factor and availability percentage equal to that of a coal fired power plant.
This technology realistically has the potential to power the entire country of Chile – using two phenomenal Chilean resources, salt and sun.
- Location: Copiapó, Atacama Region, Chile
- Technology: A hybrid concept of SolarReserve's proprietary CSP tower technology with Molten Salt Thermal Energy Storage combined with solar photovoltaics (PV)
- Size: 260 megawatts (MW)of baseload power
- Storage: 14 hours of full load storage
- Electricity Production: Over 1,800 gigawatt hours (GWh) annually
- Homes Powered: The equivalent of 560,000 homes
- Dry cooling: Significantly reduces the use of water
KEY PROJECT BENEFITS:
- No requirement for natural gas or oil back up – completely emissions free clean renewable energy
- Energy independence (reducing dependence on imports from other countries) and security utilizing the best solar resource on the planet and Chile's nitrate salts as the heat transfer fluid.
- A non-intermittent, reliable 24/7 baseload power supply for interconnected system, especially the mining sector.
- Promoting the advancement of the Chilean solar industry.
- Significant economic development and technology transfer.
- Job Creation: The project will create more than 1,200 direct jobs during peak construction comprised of craft workers on site, and will also create significant additional jobs related to equipment supply, manufacturing, engineering, transportation and other services. During operation, approximately 100 permanent jobs will be required for plant operation and maintenance.
- Localization: More than half of the capital cost of the project can be manufactured or procured locally in Chile.