ANTOFAGASTA REGION, CHILE
The Likana Solar Energy Project consists of SolarReserve’s industry leading CSP tower technology with molten salt thermal energy storage. This proven technology is able to provide reliable, non-intermittent electricity from solar energy 24-hours a day, without requiring any fossil fuel. In addition to zero-emissions, the project will help stabilize and lower electricity costs for Chilean families and businesses, while ensuring energy security for the country.
The project will be comprised of three 130 megawatt (MW) solar thermal towers each with 13 hours of full load energy storage, delivering 390 MW of continuous output, resulting in over 2,800 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. Permitting for Likana is underway.
- Location: Likana, Antofagasta Region, Chile
- Technology: SolarReserve's proprietary CSP tower technology with Molten Salt Thermal Energy Storage
- Size: 390 megawatts (MW) of baseload power
- Storage: 13 hours of full load storage (5.1 gigawatt hours (GWh) of energy storage)
- Electricity Production: Over 2,800 gigawatt hours (GWh) annually
- 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 baseload 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 100 permanent jobs will be required for plant operation and maintenance.
- Localization: Approximately 40-60% of the capital cost of the project can be manufactured or procured locally in Chile.