The Chilean Association of Renewable Energy and Storage (Acera) has released its latest monthly report, revealing impressive strides in the country’s renewable energy sector. According to the report, electrical energy generation from Non-Conventional Renewable Energy (NCRE) sources soared to 38.2% in February 2024, marking a notable 7.9% increase compared to the previous month.
Leading the charge in renewable energy generation is photovoltaic solar, which accounted for 22.9% of total generation during February. However, this represented a decrease of 11.3% from the preceding month’s figures.
The report also highlights a significant milestone in February, with renewable energies reaching a maximum hourly participation rate of 69.5%, observed at 4 p.m. on February 2. At this peak, solar energy contributed 77.9%, while wind energy accounted for 14.2%.
In compliance with Chile’s ERNC Law, renewable generation throughout 2024 has accounted for 39.8% of total electricity generation.
In terms of installed capacity, Chile has achieved 16,361 megawatts (MW) of renewable power, with photovoltaic installations comprising 9,916 MW. Additionally, the country boasts 54 MW of storage capacity and 3 MW of green hydrogen generation.
The PMG and PMGD sectors have witnessed significant growth, with installed capacities reaching 391 MW and 2,941 MW, respectively.
Looking ahead, the report outlines substantial developments in the pipeline for Chile’s renewable energy sector. As of February 2024, NCRE and Storage Systems capacity under construction stand at 6,278 MW, with solar photovoltaic projects constituting 63% of this total, followed by wind projects at 30%. Moreover, there are 971 MW of photovoltaic energy in testing, with an additional 3,983 MW under construction, and 14,428 MW approved, complemented by 7,569 MW in qualification.
In terms of standalone storage systems, the report reveals 37 MW under construction, 610 MW approved, and 1,292 MW in qualification, alongside 804 MW of Storage Systems capacity under construction, with 91% attributed to hybridization of solar photovoltaic projects.
Chile’s renewable energy landscape continues to evolve rapidly, positioning the country as a key player in the global transition towards sustainable energy solutions.
 reports a significant increase in renewable energy generation during February 2024, with photovoltaic solar emerging as the primary contributor.){kind=link}