COPIAPÓ, ATACAMA REGION, CHILE
The Copiapó project, 65 km northeast of the city of Copiapó in the Atacama Region III of Chile, will deliver 260 megawatts of continuous 24-hour solar power, resulting in over 1,800 gigawatt-hours generated annually. The facility will operate at a capacity factor and availability percentage equal to that of a coal fired power plant, while providing a highly competitive price of power – and with zero emissions.
This technology realistically has the potential to power the entire country of Chile – using two phenomenal Chilean resources, salt and sun. Chile has one of the best solar resources on the planet, and Chile’s nitrate salts can be used to collect and store the sun’s energy.
The project will be comprised of two 130 megawatt (MW) solar thermal towers with 13 hours of full load energy storage, totaling 3,400 megawatt-hours of energy storage capacity. Copiapó has received all its permits, and is shovel ready.
- Location: Copiapó, Atacama Region III, Chile – 65 km northeast of the city of Copiapó
- Technology: SolarReserve's proprietary CSP tower technology with Molten Salt Thermal Energy Storage
- Size: 260 megawatts (MW)of baseload power
- Storage: 13 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
- A non-intermittent, reliable power supply for interconnected system, for both the mining sector’s 24/7 operations as well as consumer electricity demand
- 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 80 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.