Chile Solar Photovoltaic (PV) Market Analysis by Size, Installed Capacity, Power Generation, Regulations, Key Players and Forecast to 2035
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Chile Solar PV Market Overview
The cumulative installed capacity for solar PV in Chile was 6,647.3MW in 2022 and will grow at a CAGR of more than 15% during 2022-2035. Crystalline PV modules was the most preferred solar photovoltaic (PV) installations across the country.
Chile Solar PV Market Outlook (2022-2035)
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The report discusses the cumulative installed capacity, annual capacity addition, and annual generation of all renewable sources until 2035. The report also gives detailed coverage of the major active and upcoming PV plants and renewable energy policy framework governing the Chile solar PV market.
Cumulative Installed Capacity (2022) | 6,647.3MW |
CAGR (2022-2035) | >15% |
Historical Period | 2010-2021 |
Forecast Period | 2022-2035 |
Regulations | · Non-Conventional Renewable Energy (NCRE) Law |
Leading Companies | · juwi Energias Renovables de Chile Ltda.
· Enel Americas SA · Aela Energia |
Key Active Plants | · Guanchoi Solar PV Power Project
· Campos del Sol Solar PV Power Project · Escondido Solar PV Park · Finis Terrae solar PV Park · El Romero Solar PV Park |
Key Deal Type | · Asset Transactions
· Partnerships · Acquisition · Debt Offerings · Venture Financing |
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Chile Energy Policy Framework
- Chile is one of the leading countries in Latin America in terms of renewable energy exploration. The country has strong government policies, clean energy investments, and strict commitment toward de-carbonization despite grid constraints across the nation.
- Solar installations will dominate renewable energy installations in the country with more than 50% share of renewable energy capacity. Government support through various financial incentives and favorable policy implementation will be responsible for this large growth in solar energy installations.
- On the policy front, the Non-Conventional Renewable Energy (NCRE) Law will be one of the policies to promote renewable energy installations in the country.
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Chile Solar photovoltaic (PV) Market – Competitive Landscape
juwi Energias Renovables de Chile Ltda., Enel Americas SA, Andes Mainstream SPA, and Aela Energia are a few of the market players in the solar photovoltaic market in Chile.
juwi Energias Renovables de Chile Ltda. – juwi Energias Renovables de Chile Ltda. (juwi Energias), a subsidiary of juwi AG is a renewable energy company that provides a range of solar energy and wind energy services. It offers project life cycle solutions including consulting, planning, development, financing, implementation and management of renewable energy projects.
Chile Solar Photovoltaic (PV) Market Analysis, by Companies
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Chile Solar photovoltaic (PV) Market - Major Active Plants
Guanchoi Solar PV Power Project led the Chile solar photovoltaic (PV) market share in terms of total capacity contribution in 2023.
Chile Solar photovoltaic (PV) Market, by Active Plants, 2023 (%)
Chile Solar photovoltaic (PV) Market - Major Deal Types
In 2022, the solar photovoltaic (PV) market in Chile recorded most of the deals in asset transactions.
Chile Solar photovoltaic (PV) Market, by Deal Types, 2022 (%)
Segments Covered in the Report
Chile Solar photovoltaic (PV) Market Deal Type Outlook (2022-2035)
- Asset Transactions
- Partnerships
- Acquisitions
- Debt Offerings
- Venture Financing
Scope
The report provides:
- A brief introduction to global carbon emissions and global primary energy consumption.
- An overview of the country’s renewable power market, highlighting installed capacity trends, generation trends, and installed capacity split by various renewable power sources.
- Detailed overview of the country’s solar PV market with installed capacity and generation trends, and major active and upcoming solar PV projects.
- Deal analysis of the country’s solar PV market.
- Key policies and regulatory framework supporting the development of solar PV.
- Snapshots of some of the major market participants in the country.
Reasons to Buy
- Enhance your decision-making capability in a more rapid and time-sensitive manner.
- Identify key growth and investment opportunities in the country’s solar PV market.
- Facilitate decision-making based on strong historical and forecast data for the solar PV market.
- Position yourself to gain the maximum advantage of the industry’s growth potential.
- Develop strategies based on the latest regulatory events.
- Identify key partners and business development avenues.
- Understand and respond to your competitors’ business structure, strategy, and prospects.
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Frequently asked questions
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What was the Chile solar PV market cumulative installed capacity in 2022?
The cumulative installed capacity for solar PV in Chile was 6,647.3 MW in 2022.
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What will the Chile solar PV market growth rate during the forecast period?
The Chile solar PV market will achieve a CAGR of more than 15% during 2022-2035.
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Which are the major active plants in the Chile solar photovoltaic (PV) market?
Some of the major active plants in the Chile solar photovoltaic (PV) market are Guanchoi Solar PV Power Project, Campos del Sol Solar PV Power Project, Escondido Solar PV Park, Finis Terrae Solar PV Park, and El Romero Solar PV Park among others.
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Which are the key companies in the Chile solar photovoltaic (PV) market?
Some of the major active plants in the Chile solar photovoltaic (PV) market are juwi Energias Renovables de Chile Ltda., Enel Americas SA, Andes Mainstream SPA, and Aela Energia SpA.
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